Target Companies

Sievi Capital as an Owner

Sievi Capital is a committed partner for unlisted Finnish SMEs. We partner with our target companies’ entrepreneurs to share the risk and enable them to fully exploit the company’s potential with our support. We are on a journey of transformation from a private equity investment company to a multi-sectoral group. Our medium-term objective is to become an industrial group built around the business of our target company KH-Koneet Group.

Read more about our strategy change

The development of Sievi Capital’s other target companies will continue in the same way as before, and the aim is to divest them at the optimum stage in terms of value creation. The funds received from the divestments of target companies in the coming years are intended to be used for acquisitions supporting KH-Koneet Group, the development of other target companies and dividends.

KH-Koneet Group

KH-Koneet Group is one of the leading earth-moving machine importers in Finland and Sweden. KH-Koneet Group provides full service for earthworks and material transfer, comprehensive maintenance and spare parts services and professional technical support. The Group consists of business units KH-Koneet, Kobelco Center, Edeco Tools and KH-Maskin providing import, sales and maintenance services as well as earth-moving machine rental shops Crent and S-Rental.

Holding 90.5 % Year of acquisition 2017 Turnover 168.7 m€ (2021)

Indoor Group

Indoor Group is a leading home furniture and interior decoration retailer in Finland and Baltics. The Group consists of the retail chains Asko and Sotka, operating in Finland and Estonia, as well as a sofa factory Insofa Oy. Both chains also have their own online stores in Finland, Estonia and Latvia.

Holding 58.3 % Year of acquisition 2017 Turnover 204.8 m€ (2021)

Logistikas

Logistikas offers local logistics, in-house logistics and immediate-proximity warehousing services. In addition, they also provide consultation and procurement services. The company operates at six locations in Finland in its own logistics centers, as well as at customers’ premises, attending to in-house logistics.

Holding 65.9 % Year of acquisition 2020 Turnover 22.0 m€ (2021)

Nordic Rescue Group

Nordic Rescue Group is specialised in rescue vehicles. The Group companies are Saurus Oy, operating in Finland, and Sala Brand AB, operating in Sweden. Nordic Rescue Group is a leading Nordic company in its field.

Holding 67.9 % Year of acquisition 2020 Turnover 37.6 m€ (2021)

HTJ

HTJ is one of the leading construction management companies in Finland and offers its customers a wide range of expert services in construction management, site supervision, energy and environmental consulting and project management. The company employs approximately 150 experts and it has offices in Vantaa, Tampere, Turku and Hämeenlinna.

Holding 91.7 % Year of acquisition 2021 Turnover 19.0 m€ (2021)

The bold vision of KH-Koneet found someone to share the risk

Sievi Capital invested in KH-Koneet in 2017. Since then, the company has expanded to new sectors, entered the Swedish market and more than doubled its net sales. The bold vision of entrepreneurs has borne fruit while the company has retained its distinctive spirit.

A forerunner in the locking industry brings a tenfold return on investment

Sievi Capital invested in iLOQ in its early years and as an owner supported the company’s growth and internationalisation. The management of this innovative company was pleased with “an entrepreneurial owner who recognises what is essential”.