On 2 May 2017, Lassila & Tikanoja plc acquired the environmental businesses of Pihtiputaan Jätehuolto Oy and the Viitasaari-based Hyötykolmio Oy. The companies’ combined net sales are approximately EUR 2.3 million. 
 
The acquisition is part of our strategic geographical expansion and service coverage improvement in Central Finland.

“The environmental services provided by the acquired companies, such as waste management and cleaning operations, strengthen Lassila & Tikanoja’s environmental services in the Central Finland region. “Along with versatile transportation services, we also want to provide our customers with new environmental services related to recycling and the utilisation of raw materials,” says Petri Salermo, Vice President of Environmental Services at L&T.
 
Established in 1978, Pihtiputaan Jätehuolto Oy is a versatile provider of environmental management and transport services. Hyötykolmio was founded in 1998. It is a versatile environmental management company that provides raw material receiving and processing services in Viitasaari.
 
“Once you’ve spent 40 years working 24/7 and you have no apparent successor in the family, sometimes you just have to decide to let go. In L&T, we found a responsible company that will look after our employees and customers and continue the development of these two companies, allowing me to step down without regrets. I have great confidence in the future of these companies. Their service portfolio is diverse and efficient,” says Managing Director Mauri Savolainen.
 
As part of the acquisition, the employees of the two companies transfer to L&T.
 
Additional information:
Vice President Petri Salermo, Division Manager, L&T, tel. +358 (0)50 385 6876
Mauri Savolainen, Managing Director, Pihtiputaan Jätehuolto, +358 (0)400 645 653