Partnera acquires Jarkir Oy's stake in Foamit Group's share capital and increases ownership to 100 percent

Partnera Corporation
Company release
18 June 2025 at 15:20 EET

Unofficial translation of the Company release on 18 June 2025 at 15:20 EET. In case the document differs from the original, the Finnish version prevails.

Partnera acquires Jarkir Oy’s stake in Foamit Group’s share capital and increases ownership to 100 percent

Partnera has today, June 18, 2025, acquired Jarkir Oy’s approximately 0.8 percent stake in Foamit Group Oy, a subsidiary of Partnera. The purchase price for the shares is approximately EUR 0.3 million, to be paid in cash.

As a result of the transaction, Partnera’s ownership in Foamit Group Oy increases to 100 percent.

Foamit Group aims to strongly invest in its foam glass production in Finland, Sweden, and Norway and to achieve 100 million euros in revenue and over 20 percent EBITDA margin by the end of 2028.

Further information

Partnera Corporation
Jussi Lappalainen, Interim CEO
tel. +358 40 530 6446
e-mail: jussi.lappalainen@partnera.fi

Certified adviser Augment Partners AB
tel: +46 8 604 22 55
e-mail: info@augment.se

Partnera in brief

Partnera is an international business group that promotes sustainable development with its operations through the companies it owns. Partnera Corporation’s shares are listed on Nasdaq First North Growth Market Finland. www.partnera.fi