Partial transfer of Raute Corporation’s mechanical engineering division to Comatec Industrial and Marine Oy

Comatec Raute

Release date October 24, 2022 at 12 am 

Under an agreement concluded between the parties on October 21, 2022, Raute Corporation will transfer seven of its mechanical engineering specialists to Comatec Industrial and Marine Oy, a member of Comatec Group.

As a part of the restructuring negotiations conducted by Raute Corporation earlier in the fall of 2022, the company drew up a letter of intent for the divestment of the business with Comatec Industrial and Marine Oy. The transfer comes into effect on November 1, 2022, and the seven employees will make a valuable contribution to Comatec Group’s areas of expertise and range of services. This operation will strengthen and deepen the long-standing partnership between Comatec Group and Raute Corporation.

The divestment will contribute to the implementation of Comatec Group’s growth strategy. It will also improve the group’s ability to provide engineering services to the technology industry and strengthen its market position in the Lahti area.

Comatec Raute

On the right Comatec Industrial and Marine Oy CEO Marko Pennanen and Raute Oyj Executive Vice President, COO Petri Strengell.

Comatec Industrial and Marine Oy specializes in design services for industrial production equipment and the marine industry. The company’s predicted turnover for 2022 is €10 million, and it has 120 employees. The total turnover of Comatec Group is €45 million.

For more information: Marko Pennanen, CEO
Comatec Industrial and Marine Oy
Tel. 050 356 9331, marko.pennanen@comatec.fi

 

Comatec Group provides technology and engineering design, consultancy and project management services to a wide range of industries, employing over 600 specialists in Finland, Sweden, Poland, Romania, and Estonia.