In the implemented business arrangement, Palokatkotukku Parkkinen Oy, PKT-Turva Oy, Firel Oy and Sauman Oy, which operated under the same ownership, were organized under the ownership of the new group’s parent company, FireBig Oy. In connection with the arrangement, the group expanded through acquisitions, the first of which, the business acquisition of Palokatkomiehet Oy, was carried out in November 2024. In the now published share transactions, Suomen Palokatkomestarit Oy and its subsidiary Turun Palokatkomestarit Oy and the import company PK-Tuote Oy were acquired into the group.

The FireBig group’s turnover after the arrangements is around 20 million euros and it controls a fourth of Finland’s firestop industry. The group’s geographical coverage and utilization of industry synergies enable profitable growth as planned.

“Initially, the aim of this arrangement is to increase turnover and utilize industry synergies. Material management, warehouses and procurement can be centralized. Large fire safety assignments can be completed by one group, and growth can also be achieved in the seaming industry,” MBO Partners’ Senior Advisor Kari Juurakko comments on the potential of the arrangement.

The goal of the bold move by the main owners, Marko Parkkinen and Jukka Autere, is to make FireBig a leading brand in the firestop industry that serves its customers ranging from real estate investors to construction companies with high quality.

“Someone has to start the growth, let it be FireBig in this case. This is a model example of an industry built on small family businesses. FireBig will continue to survey the industry’s purchase targets in Finland and abroad. The owners have even dreamed of a listing on the stock exchange,” Juurakko continues about future plans.

MBO Partners planned the arrangements for the group structure and applied for preliminary rulings from the Tax Administration, acted as a buyer’s advisor in the acquisitions, organized the financing of the group and the acquisitions, drew up shareholder agreements and SPAs for the arrangements, and prepared and initiated the generational transfers for the main owners.

You can read Kauppalehti’s article about the arrangement through this link (in Finnish).