Sale of Ecosir Group to international investors
Ecosir Group Ltd, a company providing automatic waste and laundry transfer systems to the health care and residential sectors, was sold to an international group of investors from Asia and Europe.
Ecosir Group’s main owners prior to the transaction was Panostaja plc and the CEO of the company, who will remain CEO and owner of the company also after the trade sale. Ecosir Group had already during the previous ownership structure closed significant projects abroad, e.g. in China, Malaysia and Kuwait. With the new owners, the international growth of the company is expected to accelerate further.
Panostaja’s release about the sale can be read here (in Finnish).
Oehlandt & Co acted as the financial adviser to the sellers in the transaction. November 2018.