Coor Service Management buys servicecompany AKP Karhula Oy

Coor Service Management, which provides business support services, has bought AKP Karhula Oy, which operates in the Karhula Business Park in the Kotka region. This acquisition strengthens Coor´s business significantly in Finland as AKP Karhula Oy's 103 employees will transfer to Coor. Coor´s turnover in Finland will grow up to 14 million euros.

AKP Karhula Oy has until now been owned by Ahlstrom Corporation, A. Ahlström Osakeyhtiö, Ahlstrom Glassfibre Oy, Sulzer Pumps Finland Oy and Sonoco-Alcore Oy. AKP provides factory maintenance, business support services and human resource services for Karhula Industry Park. The company offers services for over 25 companies that employ more than 2200 persons.

- We are very pleased with this acquisition. Coor´s geographical presence and position in Finland is strengthened and the acquisition will broaden our service offering, says Jørgen Utzon, Chairman of the board, Coor Service Management Oy, and continues, furthermore, AKP´s skilled employees will complement our current organization, and we hope to increase the number of job opportunities in the Kotka reqion.

AKP´s selection of services is comprehensive as it includes design and maintenance of industrial buildings, security and ICT services, IP services, and financial administration services as well as health services. With the acquisition AKP´s business and all employees transfer to Coor Service Management.

- This is a good solution for all parties. Until now AKP has very well served us in Karhula. Going forward, we get a service supplier, which continuously focuses on further developing the services and the delivery of the services. AKP and Coor can together expand their operations and develop their core business and we can increasingly focus on our core business and activities, says Risto Anttonen, Senior Vice President, Commercial Operations, Ahlstrom Corporation.

More information:

Jørgen Utzon, Chairman of the Board, Coor Service Management Oy,
Tel:+ 45 23 637178

Samppa Ahtiainen, Managing Director, AKP Karhula Oy
Tel: +358 10 234 2050