Oyj Ahola Transport Corporation has signed an agreement on the acquisition of a business segment with Swanline Oü. The deal includes Swanline's temperature-controlled transport operations, personnel and equipment. The acquisition strengthens Ahola Transport's position in current market areas by expanding its range of services. Following the divestment, Swanline will be restructured and will focus more on its other strategic business segments.
The transport industry is becoming ever more dynamic, Ahola Transport wants to respond to this development through further investments in operational management, digitization, more efficient capacity utilization and new services with the aim of developing the business to become even more environmentally friendly and more efficiently responding to customer needs.
“We are pleased with this arrangement, which means that we can offer our customers an expanded range of services. We also believe that our long experience and extensive development work in our existing business segments will benefit customers whose products require temperate transport,” says Hans Ahola, CEO of Ahola Transport.
Swanline's CEO Joonas Seppälä also sees the acquisition as a good solution. "With this arrangement, we will be able to focus on further developing our other segments in accordance with our strategy, while the divested business will continue to be developed in skilled hands," he says.
The parties have agreed not to disclose the purchase price.
Hans Ahola, CEO, Oyj Ahola Transport Abp,
Tel. 044 449 4000, e-mail: email@example.com
Joonas Seppälä, CEO, Swanline Oy,
Tel. 040 740 9397, e-mail: firstname.lastname@example.org
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