Administer Oyj

Administer Oyj acquires Administer Oy Uusimaa to its sole ownership

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Administer Oyj Press release 23 December 2022 at 8.30 a.m. (Finnish time)

Administer Oyj and Mäntsälän Osuuspankki have agreed about acquisition, whereby Administer Oyj purchases 19% minority shareholding of Administer Oy Uusimaa. After the transaction Administer Oyj owns all shares in Administer Oy Uusimaa.

The acquisition made now does not have implications to the financial outlook given by the company for year 2022.

More information

Johan Idman, CFO, Administer Oyj, tel. +358 40 544 3442

About Administer Oyj

Administer Oyj
Administer Oyj
Itämerenkatu 5
00180 Helsinki

Administer Group, founded in 1985, is a Finnish company that offers financial and payroll management services as well as consulting and software services. Our customers include organisations of all sizes, from small and mid-sized companies to large enterprises and municipalities. Our goal is to reform the financial management service market by developing new technologies and solutions. Measured in revenue, we are one of the largest providers of financial management services and HR and payroll services in Finland. In 2021, our revenue was EUR 42 million and we employed approximately 600 financial management professionals.

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