Finnish private equity investor Sentica Partners is acquiring Arme Oy from Panostaja Oyj, a public limited company focusing on investment activities, for an enterprise value of EUR 25.5 million. The CEO of Arme, Mr Jukka Pyykönen, remains as a shareholder with a 20‐per‐cent share in the company. Arme, which specialises in industrial insulation and scaffolding services, is aiming at rapid, organic growth by expanding the service offering as well as through acquisitions.
