Company Acquisition: Growth Company Leden Group Strengthens Machining Capacity with a Significant Acquisition – Reaches 100 Million Euro Revenue Level Leden Group Oy Press Release October 1, 2024, 8:00 a.m.
Leden Group, a contract manufacturer focused on the metal industry, has made a significant acquisition, expanding its offerings, particularly in machining-related production.
Leden Group, based in Oulu, Finland, is a growing international contract manufacturer in the metal industry, serving a variety of sectors. In 2023, the company had a turnover of EUR 85.2 million and employed approximately 430 people at the end of the year. The majority of the company’s revenue comes from sheet metal production, but this fall, in line with its growth strategy, Leden has expanded its machining capabilities.
Following the recent acquisitions of Heromechanics Oy and Konepaja Stamac Oy, Leden Group’s revenue will surpass EUR 100 million, in accordance with its growth strategy, and the company will employ more than 500 people.
Konepaja Stamac Oy, which Leden Group has acquired, specializes in machining, specifically in chip removal processes, milling, and turning. Stamac’s latest confirmed turnover is EUR 17.5 million, and the company employs 64 people. Its machining technology is modern, and its clients include major international companies operating in Finland in the transportation and machinery manufacturing sectors. Stamac was founded in 1997 and is based in Seinäjoki, Finland.
“With this acquisition, we are significantly strengthening our machining operations to support our robust sheet metal production. We offer our customers a broad range of services, and Leden is now a stronger player in machining. This move also supports our profitable growth in line with our strategy. This fall, we will exceed the 100-million-euro threshold, a fantastic achievement for us at Leden,” says Jukka Haapalainen, CEO of Leden Group.
Further information: Jukka Haapalainen, CEO, Leden Group Oy, Tel: +358 40 353 2244
Media Inquiries: Teija Kettunen, Communications Director, Leden Group Oy, Tel: +358 40 771 6510, viestinta@ledengroup.com
Company Background: Leden Group is a growing and international contract manufacturer focused on the metal industry. The company operates factories in Northern Ostrobothnia and Ostrobothnia, Finland, as well as in Tallinn, Estonia. In 2023, the company’s turnover was EUR 85.2 million. Leden Group has the headquarters in Oulu, Finland. The company is currently investing in a new plant in the city of Oulainen, with a total investment value of around EUR 35 million. Once completed, the factory will be the most modern sheet metal production facility in Northern Europe. With the acquisitions made in fall 2024, the company’s turnover will exceed EUR 100 million.
