MBO Partners acted as advisor in the turnaround project of Seinäjoen KTK Oy, a South Ostrobothnian transportation company, during 2025. An operational turnaround was implemented, which restored the company’s profitability. In addition, working capital financing was arranged for the company, which secured the company’s cash balance, and at the same time the company’s financing collateral was rearranged.
Seinäjoen KTK is a company owned by local transportation entrepreneurs that sells and transports soil nationwide. The company had been making losses since 2022 and had not been able to turn the tide, and the risk of bankruptcy was real.
MBO Partners started implementing the turnaround project in early 2025. Immediately at the start, measures were decided and implemented to improve the company’s profitability. At the same time, plans were started to restructure financing and collateral. The project can be said to have been successful, as Seinäjoen KTK received the necessary additional funding and the company’s result was positive for the first time in four years at the end of 2025. The company is aware that work still needs to be done to improve the financial situation, but the direction is right and the foundation is solid.
“MBO Partners’ thorough scan of the loss years provided good confirmation for taking action. Their experience and quick handling of matters were a very important part of the turnaround. With the successful turnaround, the trust of the shareholders and numerous partners was restored, which was extremely important for the company,” said Jani Latvala, CEO of Seinäjoen KTK, commenting on the successful project.
The project moved to the monitoring phase at the beginning of 2026, where MBO Partners and Seinäjoen KTK will remain together to monitor the development of the company’s situation.