Fimpec is expanding operations in Western Finland by purchasing Focusplan Oy’s entire share stock
Project management and engineering Group Fimpec has purchased the entire share stock of Turku-based industrial engineering company Focusplan Oy in a transaction that took place on 30.9.2021. Focusplan specializes in industrial engineering, and its competence will expand Fimpec’s existing operations to cover the pharmaceutical, construction supply and foodstuff industries.
Founded in 1988, Focusplan Oy is a Turku-based engineering agency that offers high-quality technical engineering, project management, and consulting services to several different industries. The company employs 30 people and its turnover for 2020 was EUR 2.7 million. Focusplan has been involved in projects such as the investment project for Vihervakka’s ThermoSeed plant, where it was responsible for the project’s cost estimate and project management, and in several Chemigate projects, where it was responsible for technical engineering and supervision. The cornerstones of the company’s success and long-term customer relationships are reliability and customer-oriented approach.
Focusplan’s owners wanted to procure a strong owner base to enable the growth and continuous development of the company, and to retain its high level of customer satisfaction. Fimpec, which seeks strong domestic and international growth, took over as owner when it purchased Focusplan’s entire share stock in a transaction that took place on 30.9.2021. The aim of the purchase was to strengthen Fimpec’s technical engineering and competence, particularly in the foodstuff, construction supply and pharmaceutical industries. In the near future, Focusplan will be merged into Fimpec Engineering Oy, which is part of the Fimpec Group, and the company will form the Turku region’s engineering unit.
The company’s owners Vesa Ranta and Kyösti Meriläinen will continue to work for the company and will become Fimpec shareholders. Vesa Ranta will continue as CEO of Focusplan until the merge, after which he will take on a role as senior expert at Fimpec. Focusplan’s current deputy CEO Joni Heino will become regional manager of Fimpec’s Turku engineering unit. The corporate acquisition will have no other effects on personnel and the unit’s staff and business will grow in the future.
“Long-term customer relationships have formed the backbone of our operations, but due to our current size we’ve been unable to meet demand for larger projects. The corporate acquisition means that as Fimpec, we’re able to provide our customers with more extensive project management services and offer more comprehensive resources for larger engineering projects,” sums up Focusplan’s CEO Vesa Ranta.
“Focusplan’s corporate acquisition is part of our domestic growth strategy and a step towards our more expansive international commissions. The corporate acquisition will also strengthen our regional growth goals in West Finland, together with our existing local units,” explains Timo Hyvönen, Chair of the Board at Fimpec Group Oy.
Fimpec Group’s CEO Antti Lukka says the corporate acquisition will further strengthen Fimpec’s engineering services and act as a growth platform for expansion into new industries, which aligns with the Group’s strategy.
“We have followed Focusplan’s positive development in recent years, and the company’s committed staff have shown solid competence in industries that are interesting to us. The corporate acquisition will provide both Fimpec and Focusplan customers with better-quality services and specialist expertise in demanding projects and major commissions,” says Lukka.
For more information, please contact:
Antti Lukka, CEO, Fimpec Group Oy
tel. +358 40 535 0626
e-mail: antti.lukka@fimpec.com
Timo Hyvönen, Chair of the Board, Fimpec Group Oy
tel. +358 400 975 838
e-mail: timo.hyvonen@helmetcapital.fi
Vesa Ranta, CEO, Focusplan Oy
tel. +358 400 783 329
e-mail: vesa.ranta@focusplan.fi
Fimpec is a leading specialist in the field of project management and engineering. We act as project consultants in major investment projects in the industrial and energy industries, and as experts in the real estate and infrastructure sectors. In 2020, our turnover was EUR 25.7 million and we employ more than 260 top experts in Finland and abroad.
Focusplan Oy is a Turku-based engineering agency founded in 1988. We offer high-quality services for several different industries. We work in close collaboration with our customers and focus on finding solutions that will last long into the future.
