“KSBR has grown from a small concrete company into a major player operating across four business areas. Our owners have done long-term work of more than 20 years to grow and develop the company. We can now take pride in the results of that high-quality work and in the fact that we now have broader shoulders to build the future,” says Marko Leppänen, CEO of KSBR.
According to Leppänen, the two companies are guided by very similar values and operating cultures. “Both of us invest in quality, expertise, and personnel. Our values also align in our hands-on way of working. We therefore recognize many shared sources of pride and common goals,” Leppänen continues.
“KSBR is a very strong strategic addition for us. It complements our expertise, strengthens our position in selected segments, and serves as an important opening into private-sector sales and new customer relationships,” says Mika Mäenpää, CEO of GRK. According to Mäenpää, the transaction also significantly strengthens GRK’s ability to participate in even larger and more demanding project entities, particularly in critical infrastructure and energy and data center projects.
“KSBR’s exceptionally strong expertise in, among other things, demanding concrete structures directly supports our ability to deliver increasingly challenging projects. The transaction will also create clear synergies in both sales and operations, which supports our profitable growth and long-term value creation,” Mäenpää continues.
The objective of both companies is clear: going forward, to offer customers a broader service offering, stronger expertise, and better opportunities to deliver demanding projects.
Read more HLP commentary on the case Back to transactions