Process

Acquisition of Exsane for HSK Sähkö

Habeo Group's subsidiary, HSK Sähkö Oy, has acquired Exsane Oy, a part of the Iivari Mononen group. Exsane's business includes the construction, design, and maintenance of electrical, street lighting, and fiber networks. Exsane employs 42 people, and its turnover in 2022 was 7 million euros. The company has locations in Porvoo, Tampere, Heinola, Mikkeli, Lapinlahti, and Joensuu. Exsane will continue its operations under its own brand with expanded services supported by Habeo Group.Carner Corporate Finance supported Habeo Group in the acquisition process.Link to HSK Sähkö Oy's press release (in Finnish)

Buyer

Habeo Group

Habeo Group implements its strategy by acquiring successful, locally operating Finnish property technology companies and is currently the fifth-largest player in its field in Finland. The group operates nationwide and provides services in heating, hot water and drainage, ventilation and air conditioning, electrical work, cooling and refrigeration technology, fire safety, and building automation.

ExsaneHabeo Group