SOP-Metal Oy has acquired the share in the Finnish company Origo Engineering Oy
SOP-Metal acquired 18.75% of Origo Engineering shares, specializing in mechanical design and 3D printing. The multinational subcontracting group Leinolat Group Oy also acquired a similar stake in the company.
This merger was a strategic decision for SOP-Metal. The companies have collaborated earlier and Origo Engineering’s premises are located in the same building as SOP-Metal in
“So far our our cooperation has been insignificant, but now it`s developing. In the future, we will improve our production solutions for our customers with the use of Origo Engineering’s know-how” says Pekka Särkiniemi, SOP-Metal’co-owner.
In addition to design expertise, 3D printing was another important reason for buying the share. Origo Engineering has currently five 3D printers.
“We are constantly looking for fresh production ideas with our customers in 3D printing. In the future, our cooperation will benefit all customers of the SOP-Metal group.”
“We are constantly looking for fresh production ideas with our customers in 3D printing. And here Origo Engineering is a great partner for SOP-Metal. In the future, our cooperation will benefit all customers of the SOP-Metal group,” Särkiniemi emphasises.
Share deals were done April 12th in the SOP-Metal’s office. In addition to Leinolat Group and SOP-Metal, all three previous owners of the company, Managing Director Kalle Hällfors, Chief Technology Officer Mikko Henttinen and Timo Karhunen, stays owners of Origo Engineering. The company currently has five employees.
About the SOP-Metal Group
SOP-Metal Oy (established in 1993) manufactures busbars and other subcontracting products that require high material know-how for the electricity and energy industries. We are also experts in the management of electrical currents and their isolation, from design to component manufacture. In addition, we manufacture a wide range of structures from steel and stainless steel.
UltraCutOy (established in 1996) is a company specialized in high pressure water cutting and fiber laser cutting.
SOP-Metal Eesti Oü (established in 2011) is a subcontracting company that serves companies in the electricity and energy industries in the Baltic countries. The company has an office in Jüri, Estonia, 15 kilometers from the center of Tallinn.
V-S Mikromekaniikka Oy (founded in 1988) specializes in the manufacture of aluminum and plastic precision mechanical products.