- Accent Equity has signed an agreement to acquire Helkama Bica from the Helkama Emotor group
- Helkama Bica is a Finnish company providing high-quality specialty cables for marine, telecom and industrial applications
- Management will invest alongside Accent Equity, and continue building and developing the company to reach the next stage of its growth journey
Accent Equity has signed an agreement to acquire Helkama Bica from the Helkama Emotor group. The management of Helkama Bica will co-invest alongside Accent Equity and continue to develop the company.
Helkama Bica is a global provider of high-quality specialty cables for marine, telecom and industrial applications. The company is uniquely positioned in its segments, offering a wide assortment of specialty cables while simultaneously operating service hubs in key regions, providing flexibility, value-add and a one-stop-shop opportunity to its customers. The Helkama company dates back to 1905, and currently Helkama Bica operates three production facilities.
“Over the past year, we have become very impressed by the company and the management team of Helkama Bica. The company has a strong market position, a deep knowledge and understanding of the environment they are operating in, a broad and customer focused offering, as well as a service-oriented business model, all of which have made it a leading provider of high-quality specialty cables and cabling solutions. Together with the management, we see a number of growth opportunities both organically and through acquisitions and are very excited about the next development phase of the company”, says Claes Bodell, Partner at Accent Equity.
“We welcome Accent Equity as a new majority owner of Helkama Bica and look very much forward to our future growth. Together, we will be able to continue this growth path we have embarked on during recent years. We have a strong position globally in marine and telecom cables supplying a large number of well-renowned customers. We also see a lot of additional business opportunities going forward – together with our staff, and with Accent Equity by our side, the management looks forward to capitalizing on these opportunities”, says Mikko Mattila, CEO of Helkama Bica.
Closing of the transaction is expected during the fall of 2024 and is subject to customary closing conditions.
For additional information, please contact:
Claes Bodell, Partner at Accent Equity, +46 70 643 64 38,
claes.bodell@accentequity.se
Mikko Mattila, CEO of Helkama Bica, +358 40 736 70 01,
mikko.mattila@helkamabica.fi
About Helkama Bica:
Helkama Bica is a Finnish company developing and producing high-quality specialty cables for marine, telecom and industrial applications. The foundation of Helkama dates back to 1905. Today, the company has global sales presence, with several production facilities and service hubs located across key regions. The company has approximately 270 employees and sales of approximately EUR 85 million.
www.helkamabica.com
About Accent Equity:
Accent Equity has since 1994 invested in private Nordic companies where a new partner or owner can serve as a catalyst. Our ambition is to invest in and develop the companies to be Nordic, European or Global leaders through a professional, hands-on and long-term oriented approach that results in superior and sustainable returns.
accentequity.se
Follow Accent Equity on LinkedIn