Suomen Saneeraustalo Oy, founded in 2015, is a leading company specializing in facade renovations. Its owners and employees have decades of experience in facade renovation projects. The company focuses on comprehensive renovations of facades, balconies, roofs, and outdoor areas of apartment buildings and commercial properties in the Helsinki metropolitan area. Suomen Saneeraustalo generates annual revenue of more than EUR 30 million and employs approximately 90 permanent employees.
Corteco AB is a diversified renovation group specializing in building exteriors. The Group consists of entrepreneur-led Nordic companies providing services such as roofing, window, and facade renovations. Suomen Saneeraustalo is the Group's first Finnish company, and following the acquisition, the Group comprises 16 companies. The Group generates approximately EUR 188 million in annual revenue and employs around 750 people.
BDO acted as lead advisor to Suomen Saneeraustalo in the sale of the company's shares, providing financial and legal advisory services. BDO supported the sellers throughout the entire process, from the evaluation of indicative offers through the due diligence phase and final negotiations.
"We would like to extend our sincere thanks to BDO's advisors for their excellent support, which enabled the successful completion of this transaction. Their strong expertise and commitment were instrumental in bringing this significant project to a successful completion."
Pentti Myllymäki, Chair of the Board, Suomen Saneeraustalo Oy