Bravida Finland Oy has acquired Lämpö- ja Wesijohtoliike P. Juutilainen Oy, one of the leading HVAC, plumbing, and electrical service providers in the Helsinki metropolitan area. Founded in 1932, Juutilainen provides HVAC, plumbing, and electrical installation, maintenance, repair, and servicing solutions, as well as related small-scale contracting services.
Bravida is the leading provider of technical installation, maintenance and contracting services in the Nordic region. Through the acquisition, Bravida further strengthens its position as a provider of HVAC, plumbing, and electrical maintenance services in the Helsinki metropolitan area. Juutilainen has established itself as a top-tier specialist, particularly in demanding environments such as shopping centres, commercial properties, and healthcare facilities. The transaction enables the further development of Juutilainen's operations and the broader utilization of its specialist expertise.
BDO acted as Juutilainen's lead advisor throughout the sale process, providing both financial and legal advisory services. BDO assisted the owners in preparing for the transaction, developing sale materials, conducting negotiations, and successfully completing the transaction.
"With the support of BDO's experts, we successfully completed the sale of our company. Through a structured sale process, we achieved our objectives and found the best possible buyer for the business. The expertise and network of the BDO team were instrumental in ensuring a successful outcome, and we are happy to recommend them for similar sale processes."
Jyrki Harju, Shareholder and CEO, Lämpö- ja Wesijohtoliike P. Juutilainen Oy