Uudis
Ramudden acquires Jade Infra Oy
On July 3, Ramudden signed an agreement to acquire 100% of the shares in the Finnish temporary traffic management and flag guard company, Jade Infra Oy.
Published 2023-07-04
Jade Infra was founded in 1991 with a turnover in 2022 of approximately EUR 6.6 million. Jade Infra employs approximately 200 people annually.
"We are excited about the opportunity to grow together with Ramudden Oy and the entire Ramudden Global group. With Ramudden, we strengthen our value proposition towards both our customers and our employees - our most important success factor. Together we can serve our customers even better and offer an improved availability across Finland," says Johanna Järvinen, CEO of Jade Infra.
"The acquisition of Jade Infra allows us to quickly react on customer needs and offer our customers safety solutions even faster across Finland. The acquisition also enables us to meet our customers' needs for larger projects with traffic safety equipment, flag guards and other related services. Jade Infra strengthens Ramudden's value proposition and service capacity across Finland," says Michael Wackström, CEO of Ramudden Oy.
Jade Infra will be a subsidiary of the Finnish Ramudden Oy operations. Ramudden Oy offers equipment and services for traffic safety on roads, construction sites and at other infrastructure projects. In 2022, Ramudden Oy had a turnover of EUR 13.9 million and employees approximately 140 people. Ramudden Oy has depots in Helsinki, Turku, Tampere, Jyväskylä, Oulu, Vaasa, Kuopio and Villmanstrand.
For more information:
Morten Finslo, Group CEO of Ramudden Nordics & Baltics, +46 70 531 99 66
Michael Wackström, CEO of Ramudden Oy, +358 50 522 7291
Johanna Järvinen, CEO of Jade Infra Oy, +358 400 442 955
Michael Wackström, CEO of Ramudden Oy, +358 50 522 7291
Johanna Järvinen, CEO of Jade Infra Oy, +358 400 442 955