Loihde Oyj (HLSE:LOIHDE) signed an agreement to acquire Turvakolmio Oy from Helmet Business Mentors Oy and others for €6.85 million on May 23, 2022. Consideration amount is paid entirely in cash. In 2021, the company's revenue amounted to €14.4 million and the company's EBITDA was €0.6 million. The planned implementation date of the acquisition is 1 June 2022. The acquisition is expected to have a positive effect on Loihde's revenue and adjusted EBITDA for 2022.

Loihde Oyj (HLSE:LOIHDE) completed the acquisition of Turvakolmio Oy from Helmet Business Mentors Oy on June 1, 2022.