The second investment of Folmer Equity Fund II Ky, a fund managed by Folmer Management Oy, is Finnsiirto Oy, a fast-growing forklift solution provider from Raisio.
Finnsiirto Oy, founded in 1989, is a provider of forklifts and material handling solutions. The company sells and rents self-imported Hyundai and Ausa forklifts, other material handling equipment and used machines. In addition, the company services and maintains machines as well as provides spare parts and accessories. The clientele of the company consists mainly of industrial and logistics companies. The owners of the company, Kalle Dahlman, Antti Nummela and Kimmo Tiittanen will continue working for Finnsiirto and remain as shareholders with 40% ownership. After the transaction, Folmer Equity Fund II Ky owns 60% of the company. The company’s latest estimate for the current fiscal’s revenue is 9 MEUR. The company employs 12 professionals
Folmer Equity Fund II Ky benefits from the support of the European Union under the Equity Facility for Growth established under Regulation (EU) No 1287/2013 of the European Parliament and the Council establishing a Programme for the Competitiveness of Enterprises and small and medium enterprises (COSME) (2014-2020). Businesses can contact selected financial institutions in their country to access EU financing: www.access2finance.eu.