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New ownership base for Lametal Oy

The company’s key personnel and Canelco strengthen the future

The key personnel of Lametal Oy and Ylä-Savon Pääomarahasto Oy, managed by Canelco Management Oy, have announced that they have signed the acquisition on July 2, 2021.

With the arrangement Lametal Oy’s new ownership base is:

Key personnel
Lassi Mehtonen, CEO
Pauli Smolander, Sales Director
Antti Vesanen, Sales Manager
Canelco Management / Ylä-Savon Pääomarahasto Oy (Ylä-Savo´s Private Equity Fund)

Lassi Mehtonen, who will continue as Lametal Oy’s CEO and entrepreneur tells that he is very pleased to have the company’s key personnel and a Finnish investor focused on the SME industry continue to develop the company. “I strongly believe that with this change in ownership we can systematically grow the company forward” Lassi Mehtonen says.

Pauli Smolander, who will start as Lametal Oy’s sales director, says that the company’s goal will remain the same – Lametal Oy’s mission is to develop its products to serve the needs of our customers. “Listening to our customers and resellers is a significant source of inspiration for Lametal Oy’s development and we use this inspiration to create even higher quality products for our customers. In addition to established markets we are dynamically looking for new export areas.”

“Overall, we at Lametal believe that with the company’s STARK work equipment and excellent aftermarket, we create a unique product range and service promise for our customers and resellers” Mehtonen and Smolander sum up.

More information:
Lassi Mehtonen
Managing director
Lametal Oy / Lapinlahden Konepajat Oy
lassi.mehtonen (a) lametal.fi
044 758 6100

Lametal Oy designs, manufactures and markets STARK attacments for wheel loaders, property management machines, tractors and excavators. The company’s main products are various snow plows and spreading and sweeping equipment for the care of properties and urban areas.

In addition to Finland, the STARK sales network extends to e.g. To the Nordic countries, the Baltic countries and Russia. Lametal Oy is located in Lapinlahti and all STARK products have been designed and manufactured in Finland for over 40 years.

Lapinlahden konepajat Oy owns 100% of the operating company Lametal Oy.

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Stark-logo-image

New ownership base for Lametal Oy

The company’s key personnel and Canelco strengthen the future. The key personnel of Lametal Oy and Ylä-Savon Pääomarahasto Oy, managed by Canelco Management Oy, have announced that they have signed the acquisition on July 2, 2021.

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