# Yleiselektroniikka acquires Putzmeister Nordic and Sany Nordic

Yleiselektroniikka signed an agreement on 17 December 2020 to acquire all shares of PM Nordic AB and Sany Nordic AB, which represent Putzmeister concrete machinery and Sany construction equipment in Sweden. The combined revenue of the acquired companies was about SEK 133 million.

- Type: Acquisition
- Announced: 2020-12-17
- Where: Sweden, Sweden
- Value: $7.80M (65.0M SEK)
- Status: announced
- Products: concrete machinery, construction equipment
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Yleiselektroniikka Oyj](https://endata.com/companies/45014.md) (acquirer)
- [Putzmeister Nordic](https://endata.com/companies/51979.md) (target)
- [Sany Nordic](https://endata.com/companies/51980.md) (target)
- [PM Nordic](https://endata.com/companies/52006.md) (target)

## Sources

- [machinery.fi](https://machinery.fi/machinery/ajankohtaista/yleiselektroniikka-konserni-laajentuu-ruotsiin-ostamalla-pm-nordic-abn-ja-sany-nordic-abn/), 2020-12-17: "Olen erittäin tyytyväinen toteutetusta yritysostosta ja toivotan Yhtiöiden työntekijät lämpimästi tervetulleeksi konserniimme ja Richard Karlssonin konsernin johtoryhmän jäseneksi."
- [mynewsdesk.com](https://www.mynewsdesk.com/se/morris-law/news/yleiselektroniikka-oyj-foervaervar-pm-nordic-ab-och-sany-nordic-ab-417938), 2020-12-18: "Genom förvärvet av PM Nordic AB och Sany Nordic AB expanderar bolaget till Sverige och förstärker samarbetet med Putzmeister."
- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/BOREO-OYJ-1412572/news/Yleiselektroniikka-Oyj-acquired-PM-Nordic-AB-and-Sany-Nordic-AB-from-Richard-Karlsson-for-SEK-65-mil-33565594/), 2021-01-06: "Yleiselektroniikka Oyj (HLSE:YEINT) acquired PM Nordic AB and Sany Nordic AB from Richard Karlsson for SEK 65 million on January 7, 2021."

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