Panostaja Oyj Stock Exchange Release 9th March 2015 15.00 p.m.
ILKKA MUJUNEN TO BECOME SHAREHOLDER IN HEATMASTERS GROUP OY
CEO Ilkka Mujunen has become a shareholder in Heatmasters Group Oy, which is part of the Panostaja group. After the arrangement his stake in Heatmasters Group Ltd is 20 %. Ilkka Mujunen is the CEO of Heatmasters Group Oy since 2013.
Heatmasters Group Oy specializes in metal heat treatment services and supplying related machines and equipment. The company has its Finnish operating units in Lahti and Varkaus. It derives a significant part of its net sales from foreign associated companies located in Sweden and Poland.
Panostaja Oyj
Juha Sarsama
CEO
Additional information:
Panostaja Oyj, CEO Juha Sarsama +358 40 774 2099
Heatmasters Group Oy, CEO Ilkka Mujunen +358 40 871 0987
Panostaja is an investment company developing Finnish SMEs in the role of an active majority shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja increases the Group's shareholder value and creates Finnish success stories. After the Megaklinikka transaction, Panostaja operates in nine business areas, and Panostaja Group employs some 1,200 staff. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock Exchange. In the 2014 financial period, the Group’s net sales totaled MEUR 154.8.