Reference – 22.12.2021

Procopé & Hornborg advised Ensto Oy on its acquisition of majority stake in Arcteq Relays Oy

Main contact

Petri Kyllönen

Partner, Attorney at Law

+358 40 0757 732

Procopé & Hornborg advised Ensto Oy on its acquisition of the majority of shares in Arcteq Relays Oy. Arcteq Relays designs, manufactures and sells protection relays, arc flash protection systems and measuring and monitoring equipment for electrical utility. Arcteq’s products are crucial in controlling reliability of electricity networks. In 2020 the company had a turnover of EUR 6.3 million and its products were used on all continents. 

The acquisition is in line with Ensto’s strategy of providing complete solutions for customers and being a leading expert for Distribution Systems Operators DSOs. Ensto is a Finnish company that designs and provides smart electrical solutions to improve the safety, functionality, reliability and efficiency of smart grids, buildings and transportation. Ensto employs around 850 professionals in Europe and Asia. In 2019, Ensto generated a turnover of EUR 260 million.

Procopé & Hornborg’s core transaction team consisted of Petri Kyllönen, Sampsa Perttunen and Katariina Rontu.

Related professionals

  • Petri Kyllönen

    Partner, Attorney at Law

    +358 40 0757 732

  • Katariina Rontu

    Associate

    + 358 50 4308 840

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