# Vaaka Partners acquires majority stake in Eltrea Group

Vaaka Partners has signed an agreement to acquire a majority interest in Eltrea Group on May 21, 2026. Simultaneously, Eltrea Group will acquire Oy Sähkö-Vendelin Ab. The combined electrical contracting group will have annual revenue of around €30 million and employ around 120 professionals.

- Type: Acquisition
- Announced: 2026-05-21
- Where: Finland
- Jobs: 120
- Status: announced
- Products: electrical contracting services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Vaaka Partners](https://endata.com/companies/92067.md) (acquirer)
- [Eltrea Group](https://endata.com/companies/92068.md) (target)
- [Oy Sähkö-Vendelin Ab](https://endata.com/companies/92069.md) (target)

## Sources

- [ey.com](https://www.ey.com/en_fi/insights/strategy-transactions/deals/ey-law-advised-vaaka-partners-in-its-investment-in-eltrea-group), 2026-05-21: "The combined electrical contracting group will have annual revenue of around 30 million euros and employ around 120 electrical contracting professionals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.