Sentica backs Treston MBO

The investment was made from Sentica Buyout III, which closed at €119.5 in 2009. Sentica took a 60% stake in the company, leaving previous owners with the remaining 40% shareholding.

Sentica will look to grow the company organically and with add-on acquisitions, and targets a revenue increase from €53m to €100m over five years.

Company
Treston, founded in 1969 and headquartered in Turku, Finland, manufactures industrial furniture, including workbenches and storage bins. The company has operations in Europe, the US, and China. It employs 320 staff and recorded a €53m turnover for 2011, with around 65% exports.

People
Investment director and partner Eero Leskinen worked on the deal for Sentica. Leo Saarikallio is managing director of Treston.

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