Consti acquires roofing specialist Pisara Steel Oy

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Consti Group Plc has acquired Pisara Steel Oy in a transaction conducted on 9 March 2017. Pisara Steel was established in 2000 and specialises in roofing solutions. The deal will strengthen Consti’s building facades unit.

Pisara Steel Oy specialises in roof repairs and renovations, operating in the Ostrobothnia region in western Finland and in the Helsinki Metropolitan Area. In 2016, the company had a turnover of approximately EUR 2.4 million.

As part of the transaction, all of Pisara Steel Oy’s employees will be transferred to Consti, as will its current customers. All existing contracts will continue under current terms.

Pisara Steel has an extensive list of references covering roof renovation experience ranging from libraries, office buildings and schools to apartment blocks, terraced houses, large halls and industrial and retail buildings.

“We are constantly mapping potential companies that could help us achieve growth in accordance with our strategy. This acquisition will further strengthen our building facades unit by bringing to the team new, highly-skilled professionals and ample experience,” explains CEO Marko Holopainen from Consti Group Plc.

“Pisara Steel has also expanded its activities over the years through various business acquisitions. For us, joining the Consti team is a natural and positive step on our own growth path,” says Esa Jaskari, managing director of Pisara Steel Oy.

For further information, please contact:

Consti Group Plc, CEO Marko Holopainen, tel. +358 400 458 158, marko.holopainen@consti.fi

Pisara Steel Oy, Managing Director Esa Jaskari, tel. +358 50 309 8990,
pisara-steel@netikka.fi

Consti Group Plc is one of Finland’s leading companies specialising in renovation and technical building services. Consti offers a comprehensive range of services covering technical building services, pipeline renovations, renovation contracting, building facade renovations, and other construction and maintenance services for demanding residential and non-residential properties. The company operates in three business areas: Technical Building Services, Building Facades and Renovation Contracting. In 2016, the Consti Group had a turnover of EUR 262 million, and it employs more than 900 renovation and building technology professionals. Consti Group Plc is listed on Nasdaq Helsinki Ltd with the ticker symbol CONSTI. www.consti.fi

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