Kaukomarkkinat acquires the business of KSM-Lämpötekniikka Oy

Kaukomarkkinat acquires the business of KSM-Lämpötekniikka Oy

ID: 48263

(Thomson Reuters ONE) -


ASPO Plc / KAUKOMARKKINAT Ltd  PRESS RELEASE   November 1, 2010 at 14:00

Kaukomarkkinat Ltd, part of Aspo Group, has today, November 1, 2010, acquired
the business of KSM-Lämpötekniikka Oy based in Kankaanpää, Finland. The business
of KSM-Lämpötekniikka comprises, among other things, the import, sales and
installation of biofuel equipment and solar power systems. The company is a
strong expert in heating solutions based on solar power and different biofuels.

The net sales of KSM-Lämpötekniikka will be about EUR 1 million for the current
fiscal year. The company was founded in 2006.

As a result of the acquisition, the staff of KSM-Lämpötekniikka will transfer to
Kaukomarkkinat Ltd, further reinforcing our competence in the renewable energy
sector.

"According to its strategy, Kaukomarkkinat particularly invests in energy
efficiency solutions. As a result of the KSM acquisition, we will expand our
product and service range to include new local energy solutions," says Immo
Nykänen, Vice President, Kaukomarkkinat.

Nykänen estimates that the need for energy efficiency products and services will
increase heavily as new Finnish- and EU-wide energy efficiency regulations for
greenfield construction and a new national energy policy are adopted, and as
energy prices increase.

For further information, please contact:

Immo Nykänen, Kaukomarkkinat Ltd, Vice President, tel. +358 9 521 5455, mobile
+358 40 724 2970, immo.nykanen (at) kaukomarkkinat.com
Jussi Päivike, tel. +358 400 594975, jussi.paivike (at) kaukomarkkinat.com

Kaukomarkkinat Ltd
specializes in energy efficiency technology, solutions to improve efficiency in
the process industry, and security and digital products. Kaukomarkkinat is part
of Aspo Group. Operations are based on the products of the best companies in the




industry and the willingness of the company's own experts to improve the
operations and efficiency of its customers. Kaukomarkkinat operates in Finland,
Poland, Russia, China, and Vietnam.

KSM-Lämpötekniikka Oy
KSM-Lämpöteknikka Oy is an importer of equipment related to the use of renewable
energy. The product range includes: KSM Multistoker biomass boilers, solar power
systems, Ecomec cubers and Giersch multi-oil burners. In addition to energy
products, the company provides design, installation and maintenance services.


[HUG#1457485]








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originality of the information contained therein.

Source: Aspo Oyj via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 01.11.2010 - 13:01 Uhr
Sprache: Deutsch
News-ID 48263
Anzahl Zeichen: 3175

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