16.8.2021

Lassila & Tikanoja – Acquisition of Spectra Yhtiöt

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We advised Lassila & Tikanoja in the acquisition of the entire share capital of Spectra Yhtiöt Oy. The acquisition will significantly strengthen L&T’s service offering in the retail segment. In addition to the conventional property and recycling services, the offering will now also include guard, bottle return and shelving services.

Spectra Yhtiöt Oy is a Finnish family-owned company that offers a variety of services to the retail sector in Finland, mainly to shopping centres and large to mid-sized supermarkets. Spectra’s turnover is approximately EUR 6 million and the company has 200 employees in Southern Finland and in the Kuopio region.

‘This deal will make us an even more interesting and agile partner in property services within the retail sector. Our comprehensive service offering will enable us to serve as a true one-stop shop for retailers. We aim to be the most attractive partner in Finland in the retail sector’, says Antti Niitynpää, Senior Vice President, Facility Services Finland.

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