Magnusson Finland represents the shareholders of Arctic Machine Oy in the sale of the leading Finnish manufacturer of road maintenance vehicles and equipment Arctic Machine Oy

Magnusson Finland advised the shareholders of Arctic Machine Oy on the sale of their shareholding in Arctic Machine Oy to the Swiss-based Aebi Schmidt Group.

Arctic Machine Oy is a leading manufacturer of vehicles and equipment for the year-round maintenance of roads and airports, with a clear focus on smart mobility and digital transport solutions. The company, headquartered in Jyväskylä, looks back at a history of over 80 years. Arctic Machine Oy realizes a large portion of its sales outside Finland and has a strong presence in Scandinavia, Baltic States, Belarus and Russia. Arctic Machine Oy will continue to operate as an independent brand, under its current management and with its existing workforce.

Aebi Schmidt Group is a worldwide leading supplier of intelligent product systems and services for the cleaning and clearing of mission-critical traffic areas and the maintenance of green spaces in demanding terrain. The company generated sales of 500 million euros in 2019 and employs around 2,000 people worldwide in ten competence centers and fifteen local sales and service organizations.

For more information:

The Magnusson team comprised Ville Salonen, Maher Khadour, Laura Hakala, Panu Ståhlberg and Anna Nikulina.