Pisla divested to Volati
Divestment to Volati
September 2020
Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to the owners of Pisla Group on the sale to Volati
Buyer
Volati AB (publ) is a Swedish industrial group, formed in 2003, organised in four business areas: Trading, Consumer, Akademibokhandeln and Industry. Volati has operations in 16 countries, over 2,000 employees and annual sales of approx. SEK 7 billion. Volati is listed on Nasdaq Stockholm
Target
Pisla Group Ltd is the leading supplier of hardware and decorative products in Finland. Pisla supplies household hardware and decorative items to department stores, hardware stores, and interiors shops. Pisla’s product portfolio also includes Opa kitchen products, Muurikka outdoor cooking products, and Demerx bathroom accessories. Pisla has a strong market position in Finland and have been growing fast in the Baltic Sea region. Sales was approx. EUR 34 million in 2019