Mec­tal­ent grows with acqui­si­tion – exper­tise and pro­duc­tion capac­i­ty expands

Mec­tal­ent has com­plet­ed an acqui­si­tion and is inte­grat­ing Tekno­Comp Oy, a com­pa­ny spe­cial­ized in CNC machin­ing and pre­ci­sion mechan­ics, into its oper­a­tions. The acqui­si­tion strength­ens Mectalent’s exper­tise in CNC machin­ing and pre­ci­sion mechan­ics and increas­es the company’s over­all pro­duc­tion capac­i­ty.

Tekno­Comp Oy is a Ruuk­ki-based CNC machin­ing and pre­ci­sion mechan­ics expert with an exten­sive machine base. Now that Tekno­Comp is merg­ing with Mec­tal­ent, the com­bined pro­duc­tion capac­i­ty will increase to bet­ter meet cus­tomer needs.

“The acqui­si­tion is a strate­gic step that strength­ens Mectalent’s posi­tion as an advanced design and man­u­fac­tur­ing part­ner, while expand­ing our capac­i­ty as TeknoComp’s skilled per­son­nel and exten­sive pro­duc­tion capa­bil­i­ties become part of our com­pa­ny,” says Tapio Har­i­la, CEO of Mec­tal­ent.

With the acqui­si­tion, Mec­tal­ent will become a group com­pa­ny: Tekno­Comp will form an inde­pen­dent sub­sidiary. The acqui­si­tion will not result in any per­son­nel changes, but Tekno­Comp employ­ees will trans­fer to the Mec­tal­ent Group as exist­ing employ­ees. Mec­tal­ent CEO Tapio Har­i­la will also serve as CEO of the sub­sidiary Tekno­Comp.

The acqui­si­tion also brings added val­ue to TeknoComp’s cus­tomers:
“The acqui­si­tion enables TeknoComp’s con­tin­ued devel­op­ment on an even stronger foun­da­tion. The inte­gra­tion gives TeknoComp’s cus­tomers access to Mectalent’s exper­tise, prod­uct devel­op­ment ser­vices, and broad­er project exe­cu­tion capa­bil­i­ties,” says Han­nu Volt­ti, for­mer CEO and own­er of Tekno­Comp.

Con­tact per­son

Tapio Har­i­la

CEO , Mec­tal­ent

tapio.harila@mectalent.com

Source (text and image): Mec­tal­ent