# Sioen Industries acquires Ursuit Group for EUR 22.4 million

Sioen Industries NV acquired the Ursuit Group, a Finnish manufacturer of dry suits for diving, fishing, and professional use, for EUR 22.4 million plus EUR 3 million in real estate. Ursuit's CEO Ville Rantala will continue to manage the business.

- Type: Acquisition
- Announced: 2016-12-09
- Where: Finland
- Value: $23.6M (22.4M EUR)
- Status: completed
- Products: dry suits
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Sioen Industries](https://endata.com/companies/20573.md) (acquirer)
- [Ursuit Group](https://endata.com/companies/20574.md) (target)

## Sources

- [innovationintextiles.com](https://innovationintextiles.com/sioen-industries-acquires-ursuit-group-of-companies/), 2016-12-09: "It is our common goal to further invest in the worldwide development of the Ursuit professional brand."
- [nonwovensnews.com](https://www.nonwovensnews.com/2016/12/09/sioen-deal-for-ursuit/), 2016-12-09: "Sioen Industries has acquired the Ursuit group, a Finnish manufacturer of dry suits for diving, fishing and professional use in extreme environments."

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