Nordhaven advised Jouka Oy and its owners on the sale of the company to Swedish listed Indutrade Group.

11 feb 2020

Nordhaven Corporate Finance advised Jouka Oy and its owners on the sale of the company to Swedish listed Indutrade Group

Jouka designs and manufactures ball valves and ball valve units. The company offers customized products with a high degree of customer specific R&D. Customer segments include machine building, marine, processing, and pulp & paper industries primarily in the Finnish market. Jouka’s annual net sales are approximately EUR 6.5 million.

“We are extremely pleased with the outcome of the process” says Risto Lehtimäki, one of the owners and the Chairman of the board at Jouka. “The whole process was extremely smoothly run by the Nordhaven team and it was a real pleasure working with them” he continues.

“Jouka is our second deal closed in this sector during last 12 months. It was a pleasure working with Jouka management and the owners who had done a tremendous job in re-positioning the Company in solid and profitable growth path” says Mika Jalamo, Partner at Nordhaven.

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