Sulmu Oy, founded in 1925, is a long-established company with extensive expertise in reinforced plastic services for industrial customers. The company provides comprehensive solutions to industrial clients throughout Finland. In the 2024 financial year, Sulmu generated revenue of EUR 5.3 million and employed 29 highly skilled professionals. The acquisition will enable broader utilization of Sulmu's expertise and support the company's continued development as a leading specialist in industrial reinforced plastic solutions.
BDO acted as Sulmu's lead advisor throughout the sale process, providing both financial and legal advisory services. BDO assisted the ownersin preparing for the transaction, drafting the sale materials, conducting negotiations, and successfully completing the transaction.
"We are very pleased with the excellent outcome and the fact that the best possible buyer was found to support the company's future development. The BDO team demonstrated extensive expertise and understanding, ensuring a smooth and successful process. The sale of the company was completed in line with our objectives, and we look forward to the company's next phase with the support of Momentum Group."
Ville Laitinen, Shareholder and CEO, Sulmu Oy