Ramudden Finland acquires Savon Kilpi Oy

On May 2, Ramudden signed an agreement to acquire 100% of the shares in the Finnish sign manufacturing company, Savon Kilpi Oy.

Savon Kilpi was founded in 1982 with a turnover in 2023 of EUR 2.6 million. Savon Kilpi employs 14 people.
 
"We are excited about the opportunity to join one of our key customers after years of great collaboration, and we look forward to strengthening our joint value proposition towards our customers" says Arto Pesonen, CEO of Savon Kilpi Oy.
 
"We're announcing the acquisition of one of our most important suppliers. Together, we'll continue to raise the bar in delivering top-quality traffic-signs to our customers" says Petter Grönlund, CEO of Ramudden Finland & Baltics.
 
Savon Kilpi will be a subsidiary of the Ramudden Finland operations. Ramudden Finland offers equipment and services for traffic safety on roads, construction sites and at other infrastructure projects. Ramudden has operations in Helsinki, Vantaa, Lahti, Turku, Tampere, Oulu, Vaasa, Kuopio, Jyväskylä and Lappeenranta.