{"id":499,"date":"2017-07-05T12:00:20","date_gmt":"2017-07-05T09:00:20","guid":{"rendered":"https:\/\/dev.mbrahastot.donbran.co\/uncategorized\/2017\/07\/mb-rahastot-sijoittaa-protaconin-kasvuun\/"},"modified":"2019-07-05T16:05:27","modified_gmt":"2019-07-05T13:05:27","slug":"mb-rahastot-sijoittaa-protaconin-kasvuun","status":"publish","type":"post","link":"https:\/\/www.mbrahastot.fi\/en\/press-release\/2017\/07\/mb-rahastot-sijoittaa-protaconin-kasvuun\/","title":{"rendered":"MB Funds invests in Protacon"},"content":{"rendered":"<p class=\"lead\"><span style=\"font-weight: 400;\">A leading engineering company, Protacon, accelerates its growth through a 4 July 2017 signed transaction, in which MB Funds purchases a majority stake in the company. Protacon\u2019s key management will remain as significant shareholders in the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Protacon, founded in 1990, is a Finnish engineering company specializing in industrial automation, software and digitalization services. Protacon\u2019s customers include companies operating in pulp &amp; paper, energy and maritime industries. The company has 10 offices in Finland and one in China. In 2016, Protacon reached \u20ac21 million in revenue. Currently, the company has 270 automation and digitalisation professionals.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\">\u201d<em>Protacon has grown rapidly during the past few years driven by the increased demand in industrial digitalization and automation services. Combining forces with MB Funds provides us with even greater capabilities to speed up our growth strategy. As an active and established Finnish private equity investor, MB Funds brings along considerable strategic skills and knowledge to take Protacon to the next level<\/em>\u201d, states <strong>Timo Akselin<\/strong>, Chairman of the Board at Protacon Group Oy.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\">\u201d<em>Protacon is a spectacular company with highly skillful and experienced personnel at its core. The company\u2019s service offering covers several industries and its customer relationships are long-term. One of the key success factors is their ability to combine digitalisation and strong technological know-how. They are able to provide unique solutions to their customers<\/em>\u201d, comments <strong>Juha Tukiainen<\/strong>, Managing Partner at MB Funds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further information:<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>\u00a0Juha Tukiainen<\/strong><br \/>\nPartner, MB Funds<br \/>\n+358 400 791 679<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Timo Akselin<\/strong><br \/>\n<\/span><span style=\"font-weight: 400;\">Chairman of the Board, <\/span><span style=\"font-weight: 400;\">Protacon<br \/>\n+358 500 636 203<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A leading engineering company, Protacon, accelerates its growth through a 4 July 2017 signed transaction, in which MB Funds purchases a majority stake in the company. Protacon\u2019s key management will remain as significant shareholders in the company. Protacon, founded in 1990, is a Finnish engineering company specializing in industrial automation, software and digitalization services. Protacon\u2019s [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-499","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MB Funds invests in Protacon - MB Rahastot<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mbrahastot.fi\/en\/press-release\/2017\/07\/mb-rahastot-sijoittaa-protaconin-kasvuun\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MB Funds invests in Protacon\" \/>\n<meta property=\"og:description\" content=\"A leading engineering company, Protacon, accelerates its growth through a 4 July 2017 signed transaction, in which MB Funds purchases a majority stake in the company. 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