Type of deal: Sale of shares
Sector: Industrial products
Object of sale: PwC acted as exclusive financial advisor to owners of Finn Lamex Safety Glass Oy in the sale of Finn Lamex Safety Glass Oy to Beijer Tech AB, a subsidiary of publicly listed company Beijer Alma AB.
Finn Lamex is a leading manufacturer of top-quality laminated windscreens for commercial vehicles, motorhomes and industrial machines. The company is highly regarded for its strong expertise, ability to tailor complex screens to meet customer requirements and commitment to deliver high quality products. Located in Laitila, Finland, Finn Lamex generates approximately EUR 14m in annual revenue with favorable profitability. The company has about 80 employees.
Seller: Shareholders of Finn Lamex Safety Glass Oy
Buyer: Beijer Tech AB
Date: Deal announcement 8th June 2023
PwC’s role: Sellers’ financial advisor