# Inission acquires 100% of HY-Tech Comp Oy for EUR 3.3 million

Inission has signed and closed an agreement to acquire 100% of HY-Tech Comp Oy, a manufacturing service provider in mechanics, electronics and electro mechanics with facilities in Finland and Estonia, for EUR 3.3 million.

- Type: Acquisition
- Announced: 2020-02-26
- Where: Finland
- Value: $3.60M (3.30M EUR)
- Status: completed
- Products: mechanics, electronics, electro mechanics
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Inission](https://endata.com/companies/45524.md) (acquirer)
- [HY-Tech Comp Oy](https://endata.com/companies/45525.md) (target)
- [Helmet Capital](https://endata.com/companies/45526.md) (partner)

## Sources

- [inission.com](https://www.inission.com/2020/02/inission-establishes-in-finland-by-acquiring-100-of-hy-tech-comp-oy-specialized-in-mechanics-electronics-and-electro-mechanics/), 2020-02-26: "Inission has signed an agreement to acquire 100% ownership of HY-Tech Comp Oy (HY-Tech)."

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