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Acquisition makes Poyry a major structural engineer in Finland

Poyry Plc has signed an agreement to acquire 90.1 per cent of the share capital and votes of Poysala & Sandberg Oy, a Finnish company specialised in structural engineering. Together Poyry Civil Oy and Poysala & Sandberg Oy will create the largest structural engineering company in the industrial investment building sector in Finland.

Founded in 1984 Poysala & Sandberg Oy is specialised in industrial building construction and structural engineering of office and commercial buildings. Its net sales amounted to EUR 7.5 million in 2006. The company employs about 100 experts in offices in Helsinki, Kuopio and Oulu in Finland.

Following the joining of forces, Poyry will become the biggest structural engineer in the industrial investment building sector in Finland and a strong player in the office, commercial and public building sectors. Poyry Civil Oy and Poysala & Sandberg Oy will be merged at the beginning of 2008.



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