Advised on Purchase of Company

Business Services

Lindström Group

Leading textile service company in Europe and in Asia Finland

Acquired 100% of Business Operations

Pohjolan Tekstiilipalvelu Oy

Rental and maintenance of textiles and workwear to health care sector, industry and horca Finland

IMAP Finland advised Lindström Group on acquisition of Pohjolan Tekstiilipalvelu

Lindström Group’s subsidiary Comforta Oy, which serves hotels, restaurants and the health care sector, has acquired the entire shareholding and business of Kajaani-based Pohjolan Tekstiilipalvelu Oy. After the transaction, the entire personnel of Pohjolan Tekstiilipalvelu will continue their employment in Comforta.

 

Comforta Oy is an international company specialized in hotel, restaurant and healthcare textile services. The company operates in Finland, Sweden, Estonia and Russia, employing over 500 persons. Comforta has a revenue of approximately 49.4 million euros.

 

Comforta is part of Lindström Group. The family company Lindström is one of the oldest companies in Finland and one of the leading textile service companies in Europe with over 170 years of experience in the area. Lindström Group’s year 2020 sales were EUR 388 million and the group employed 4,600 persons

 

Founded in 1976, Pohjolan Tekstiilipalvelu is a family-owned textile service company. The company provides laundry and textile services especially to local companies and organizations within industrial, hotel and restaurant, and care sectors. Pohjolan Tekstiilipalvelu’s services cover hotel and restaurant textiles, workwear, mats and hygiene products. Additionally, the company provides maintenance services of companies’ own textiles.

 

IMAP Finland advised Lindström Group throughout the acquisition process.

Experts who worked on the transaction