Tampereen Automaatiosähkö Oy becomes part of the Insta family
Insta Group Oy, a Finnish technology group specialising in electrical automation, digital data security and defence technology, has purchased the entire capital stock of Tampereen Automaatiosähkö Oy. The acquisition strengthens Insta's position as the leading automation installation service company in Finland and also supports its capability to engage in large-scale international projects.
Tampere 15 June 2018 – Insta Group Oy, a group providing in electrical automation, digital data security and defence technology services, has purchased the entire capital stock of Tampereen Automaatiosähkö Oy, a Tampere-based company specialising in electrical and automation installations for industry and in mechanical automation projects, in an acquisition concluded on 15 June 2018. Together with Insta Automation Oy, Tampereen Automaatiosähkö Oy will be an even more competitive and capable full-service electrical automation company capable of participating in more demanding and broader national and international projects.
Tampereen Automaatiosähkö has more than fifty industrial automation and electrification professionals and is especially known for its solid installation expertise. Its turnover is approximately EUR 6 million. The capital stock was purchased from private owners employed in Tampereen Automaatiosähkö, who want to ensure the continuity of the company's business and its opportunities to develop in international competition.
”To ensure continuity, we wanted to find a partner whose values and operating principles are close to ours. As an appreciated, family-owned automation company, Insta offers our personnel good development opportunities and a robust platform for growth”, says Matti Kulmala, Director of Tampereen Automaatiosähkö. Kulmala and the company's other previous private owners will continue in Insta's service after the acquisition.
”The acquisition strengthens Insta Automation's position as the market leader in instrumentation and automation installations. It also enhances our capability to engage in broader, increasingly international projects. In addition, the expertise that Tampereen Automaatiosähkö Oy has in the modernisation of mechanical automation superbly complements Insta Automation's electrical automation Asset Management service portfolio”, says Timo Lehtinen, Managing Director of Insta Automation Oy.
The parties have agreed that the purchase price will not be published.
Managing Director, Insta Automation Oy
040 779 9414
Director, Tampereen Automaatiosähkö Oy
040 063 6530
Insta Automation is a full-service automation, installations and electrification company. We serve process, energy and maritime industry companies as well as the public sector that looks after the infrastructure of society. Insta Automation employs approximately 500 automation, instrumentation and electrification professionals.
Insta Automation is part of the Finnish family-owned Insta Group. Insta is a leading expert in electrical automation, digital data security and defence technology, building and sustaining a safe, competitive society. The Group operates in Finland and globally, with more than 800 employees in twelve locations. Insta Group's turnover is approximately EUR 108 million (2017). The Group consists of Insta Automation Oy, Insta DefSec Oy and Insta ILS Oy. www.insta.fi
Tampereen Automaatiosähkö Oy on vuonna 1993 perustettu, yli 50 henkeä työllistävä täyden palvelun automaatiotoimittaja. Toimintaperiaatteenamme on tarjota kaikki tarvittava yhdestä osoitteesta laadukkaasti, luotettavasti ja joustavasti palvellen, tarvittaessa nopeallakin aikataululla. www.tas-automation.fi