The K-DEVELOP Group

BACKGROUND

The K-Develop Group is a Finnish financially strong, long-termed owner company.  The goal for the Group is to buy, hold and develop small and middle sized technology companies primarily in Finland.

TARGET

The main target group of companies we are looking for are those where the owner is for example close to retirement and have no one to take over.  As part of the K-D Group the company can continue to grow and develop under its own name and profile also in the future.

SITUATION

The Group today consists of two companies with about 40 employees.  The companies are working very focused in selected technology areas.  You can find more information of the companies below:

- IP-Produkter Oy : www.ip-produkter.fi

- Teräskonttori Oy : www.teraskonttori.fi

CONTACT

For further information please contact:

CEO Olof Sandell

- phone: +358 10 219 2152

- mail: olof.sandell (at) k-develop.fi

THE SHAREHOLDERS

K-Develop Group are owned by a long-term very known Finnish investor and the company management.

Tiiviste Group Oy

The main owner in Tiiviste Group ( www.etola.fi ) is Erkki Etola. Etola Group is a significant Finnish family company.

Company management

The operative management in K-Develop Group and the chairman are owners, by their own companies, in K-Develop Oy. The management have a very long experience of technical trade business.

The ownership of K-Develop

The main owner is Tiiviste Group Oy, but no shareholder has more than 50% ownership.