Komas was acquired by Componenta Corporation

Komas Oy, a Jyväskylä, Finland-based machining operation company announced that it was acquired by the Finnish company Componenta Corporation.

The deal, which has the financial details undisclosed, was made in with the majority owners, namely the funds managed the private equity fund Capman and CapMan’s portfolio company Fortaco Oy. The purchase price is paid with the shares of the Componenta Corporation, which is listed on Nasdaq Helsinki.

Komas, established at the end of 2012 in conjunction with the establishment of Fortaco Group, is a manufacturer of machined components, forged blanks, hydraulic pipes and plate cuttings. At the end of 2018, the company employed 313 people in Jyväskylä, Härmä, Kurikka, Leppävesi and Sastamala. Key customers of Komas include major international OEMs of machinery and equipment.

Componenta is an international technology company which specializes in supplying cast and machined components to its global customers, who are manufacturers of vehicles, machines and equipment.