Coor acquires Finnish facilities management company Lujapalvelut

Coor Service Management aims to be the leading facility management services provider in Finland.

Lujapalvelut Oy provides facility management services such as building maintenance, cleaning services and office services to businesses and public bodies. The company mainly operates in Helsinki, Oulu, Vaasa, Turku, Tampere and Kuopio. Its customer base includes Finnish Railways, Senate Properties, University of Oulu, Yleisradio, and the pension fund company Varma. Lujapalvelut’s sales are about EUR 27 million and it has 500 employees.

Juuso Kivinen, Partner at Sponsor Capital Oy, principal owner of Lujapalvelut Oy, said, “In Coor, we’ve found an industrial owner that will be able to keep developing Lujapalvelut’s business, customers and employees positively. The companies have the same high ambition and businesses that complement and strengthen each other.”

Source: Kauppalehti, Coor