Lehti Group Oy, a subsidiary of Tampereen Konepajat Oy, has been acquired to Mincon Nordic Oy on January 15, 2020

Press-Release-TKP-LG-Mincon-20012020-1

Tampereen Konepajat Oy has sold all the shares of Lehti Group Oy to Mincon Nordic Oy. As a result of the acquisition, Lehti Group Oy and Mincon Nordic Oy form together the world’s leading supplier of demanding casing drilling systems. In addition to that, Lehti Group Oy continues also providing high quality machining services to other customer segments as before.

Mincon Nordic Oy is a part of Mincon Group Plc. Mincon Group is a listed company in Ireland and in London stock exchanges and the Group produces drilling tools for the mining and construction industries. Mincon has currently production sites in Ireland, UK, Sweden, USA, Canada, Australia, South Africa and now in Finland.

With this acquisition Tampereen Konepajat Oy advances the financial position of its subsidiaries for expedited technological development. The Group has net sales of € 40 million and it employs 200 people in Juuka, Kihniö, Kiuruvesi, Peräseinäjoki, Pärnu, Ruovesi, Tuusula, and Ylöjärvi.

Regards,

Ari Kuhalampi

  • Tampereen Konepajat Oy

 

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