Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
Panostaja to sell KL-Varaosat to Kaha for EUR 6.4m
May 31, 2019

Panostaja, a Finnish-based investment company focussing on SMEs, has sold its 75 pct stake in KL-Parts, the owner of KL-Varaosat, to Kaha. KL-Varaosat provides automobile spare parts. KL-Varaosat reported a turnover of EUR 14.4m and EBIT of EUR 1.2m by October 2018, corresponding to an EV/EBIT multiple of 5.3x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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