VESIVEK

Vesivek is the market-leading roof renovation and installation provider for detached houses in Finland and Sweden. Vesivek’s founder Kimmo Riihimäki has invented a unique business concept, which is based on non-compromising customer service, professional and motivated workforce, standardized and safe processes as well as utilization of hoist lift trucks and own steel roofing sheet production.

The company places a high value on taking good care of its employees and the environment while also addressing other corporate responsibility matters. Since 2018, Vesivek has acted an occupational safety pioneer in the roofing renovation industry by introducing around-the-house scaffolding. Proactive minimization of the company’s environmental footprint is conducted through logistics optimization and by recycling currently over 95 % of the waste material. The high quality of the concept has been awarded an ISO 9001:2015 quality certificate, which was the first to be given to a renovation company in Finland.

With Sentica’s support, Vesivek has expanded to a nationwide company with 17 locations. In addition to roof renovations, the company manufactures and installs rain water systems and roof safety products under the Nesco brand. As of the beginning of 2021, the company serves small residential house customers with drainage renovations.

In 2016, Vesivek expanded successfully into Sweden and is a market leader with three sites in the Greater Stockholm area.

Sector: Roof renovations
Sales: (2020): €101 million
CEO: Kimmo Riihimäki
Web: www.vesivek.fi
Entry: 3/2014
Fund: Sentica Buyout IV
Deal team: Pentti Tuunala (case responsible), Mika Uotila and Amal Molin