Transport Priuska bought by Havator

By Euan Youdale04 April 2008

Havator Transport Oy has acquired Kuljetus Priuska Oy (Transport Priuska), bringing together two major specialized transport companies in the Nordic region.

"We have combined our resources in special transport, special logistics, and project work, and we can now offer our clients more extensive packages than ever. The business concepts of these two companies complement each other well," said Timo Riiho, Havator Transport CEO.

Transport Priuska is one of the oldest transport companies in Scandinavia. The business was founded by Niilo Priuska in 1926 and stayed in the family until the merger. The company, with a turnover of €12 million, will operate as an independent subsidiary of Havator Transport.

Priuska's fleet includes 40 tractor units and 70 special trailers. All 50 employees, together with the management, continue to work in Havator Group.

"This acquisition enables us to grow and become more international faster than ever. We believe that this merger helps us to provide significant value added for our project clients," says Timo Priuska, Transport Priuska CEO.

Havator Transport, based in Finland, employs 120 people and has almost 100 special tractor units. Following the deal, turnover will be nearly € 30 million.

"Thanks to this acquisition, we can participate in even larger projects and combine our services in an extended geographical area," said Jussi Yli-Niemi, Havator Group CEO.

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