We advised Applus+ in the divestment of K1 Katsastajat Oy and its vehicle inspection operations in Finland to A-Katsastus Group.
The main service of K1 Katsastajat Oy is light and heavy vehicle inspections through its network of 84 stations and 137 employees. K1 Katsastajat Oy also provides technical vehicle inspections, vehicle certificates and registration services and condition checks for commercial customers. Its revenue in 2021 was 14 million euros.
This divestment is in line with the active portfolio management announced in the Applus+ Strategic Plan to focus on portfolio mix quality-improvement.
Applus+ Group is a worldwide leader in the testing, inspection and certification sector for its technical capabilities, innovative approach, and its workforce of over 25,000 employees in more than 70 countries. It is a trusted partner, enhancing the quality and safety of its clients’ assets and infrastructures while safeguarding their operations.
