Leading Finnish fire safety operator Paloff Group joins forces with the leading Swedish fire protection specialist BST Group

The companies will continue their business as their own units, under their own Paloff brand, the management of the companies and all employees will continue in their former jobs and the contact information of the companies will remain unchanged. No action is required from the companies’ customers in this regard,” says Jani Hämäläinen, who will continue as the companies’ CEO.

“We believe that the fire safety industry will continue to develop positively, and this arrangement will enable Paloff to offer its own services in other Nordic countries as well. There is also a lot of expertise in the group that Paloff shall cross-benefit for the benefit of its customers. In addition, Paloff will have wider shoulders to grow its operations in Finland, not only through organic growth but also through acquisitions. Norvestor, a private equity fund specializing in growing and developing companies in the Nordics and the largest shareholder in the BST group, is making this growth possible”, says Sammy Lindholm, Chairman of the Board of Paloff Group Oy.

“We are very pleased to have Paloff as part of our group to advance our Nordic expansion. Paloff forms a perfect platform for BST in the Finnish market and will continue to operate under its current brand and organization”, says Peter Bühler, CEO of BST group.