Lindström is selling its personal protective equipment business in Finland to TOOLS Finland Oy – In Hungary and Estonia, personal protective equipment business will continue as before.
Lindström is selling its personal protective equipment business in Finland to TOOLS Finland Oy at the beginning of April 2019. Cooperation will continue as a strategic partnership and meeting customer needs is the number one priority. The acquisition concerns the personal protective equipment service in Finland. In Hungary and Estonia, personal protective equipment business will continue as before.
”Our goal, in accordance with our strategy, is profitable growth in our core business areas, i.e. textile rental. When deciding to divest our PPE business, it was critical for us to find a strategic, long-term partner that is dedicated to developing the PPE business further and committed to delivering the service to our current and future customers,” says Juha Laurio, President & CEO of Lindström Group.
“The personal protective equipment business will be transferred to TOOLS Oy at the beginning of April 2019. “Divesting the operations to a well-established player will make it possible to continue offering a high level of service for our customers in connection with Lindström workwear service as well as secure positive development opportunities for the employees.”
Additional information:
Juha Laurio, President & CEO, juha.laurio@lindstromgroup.com, tel. +358 40 501 6299