Change in strategy
The Board of Directors of Sievi Capital has decided to initiate a change in strategy that will transform the company from a private equity investment company into a conglomerate during 2023.
The medium-term objective is to become an industrial group built around the KH-Koneet Group’s business and to divest other target companies in line with previous strategy.
Jussi Majamaa, CEO of Sievi Capital:
“The sector of KH-Koneet Group offers significant potential for growth both organically and through acquisitions. We believe that in the long term, KH-Koneet Group’s ability to change with the market and the flexibility to react built-in the operations will lay down a sustainable foundation for value creation.”
Read more about the strategy change
Stock Exchange Release 15.12.2022 (pdf)