17 June 2016
On 15 June 2015, the Finnish Competition and Consumer Authority (FCCA) approved a corporate transaction involving the acquisition of Realia Group, a residential and commercial property management specialist, by Altor Fund IV.
The FCCA has concluded that the acquisition will not have a material negative impact on competition, since the parties of the transaction have no overlapping business operations and the arrangement will not change the current market situation.
The line of business of Realia Holding Oy, the parent company of the Realia Group, includes real estate brokerage, property management and real estate management services for residential buildings, apartments and business facilities. Group companies include Huoneistokeskus Oy, SKV Kiinteistövälitys Oy, Huoneistomarkkinointi Oy and HUOM Kiinteistönvälitys Oy.
Altor Fund IV, part of the Altor Group, is a private equity fund focused on investing in medium sized Nordic companies.
The decision issued by the FCCA will be published later.
Further information: Research Officer Pontus Ranta tel. +358 29 505 3747