Tietokeskus and Enfo acquisition has been completed
The Finnish Competition and Consumer Authority (FCCA) has approved acquisition, where Tietokeskus’ will be the owner of Enfo. The transaction was completed on 4 December 2024. The combined companies will create Finland's largest domestic IT service provider, employing a total of 800 experts and with a combined revenue of approximately 200 million euros.
The deal combines the complementary services and customer segments of Tietokeskus and Enfo, creating a more extensive service offering for both private and public sector customers. The company will continue its nationwide operations in a total of 17 locations, while maintaining a strong local presence throughout Finland.
Janne Lipiäinen, CEO of Tietokeskus, is pleased with the positive reception to the merger:
"The reception from our customers, employees and partners has been inspiring and positive. This reinforces our confidence that we are creating a new strong domestic IT service provider to counterbalance foreign players in the market. We are looking forward to the future and are starting to carefully plan the integration. We promise to offer our customers an even better service in the future with a more varied service offering."
The transaction will have no effect on existing customer relationships, and services and contracts will continue unchanged.
"The merger with Tietokeskus is a new step in Enfo's strong story and enables us to develop our operations even further. We are very happy to enter into this cooperation, which will offer new opportunities for our customers and our staff," says Nina Annila, EVP IT Services at Enfo.
Further information:
Janne Lipiäinen
CEO, Tietokeskus Finland Oy
+358 40 510 9117
janne.lipiainen@tietokeskus.fi
Tietokeskus is a strong expert in ICT infrastructure services. Tietokeskus offers IT services and equipment to businesses and public sector organizations. Tietokeskus has approximately 500 employees in 14 office locations in Finland. Tietokeskus’ estimated turnover for 2024 is around EUR 150 million. www.tietokeskus.fi
Enfo provides IT services essential for the business of its customers and ensures their operational capability and continuity. Enfo has 300 employees, in three office locations in Finland. Enfo’s estimated turnover for 2024 is around EUR 45 million. www.enfo.fi
