HomeNewsTesi becomes an owner in Sisu Auto

Tesi becomes an owner in Sisu Auto

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As a domestic manufacturer of military vehicles for demanding conditions, Sisu Auto has national significance with export potential. To strengthen the growth financing basis of the company, Tesi (Finnish Industry Investment Ltd) has become an owner in the company with a share of 19.9 per cent.

”As an investment company fully owned by the Finnish state, Tesi has an industrial policy mandate to advance both transformative economic growth as well as investments in Finland. The vehicles by Sisu Auto that have proved their worth and the start of mass production that enables a new growth leap both fit into our mandate well,” says Jussi Hattula, the Director of Tesi’s Growth and Industrial Investments team.

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Additional information:

Timo Korhonen, CEO, Oy Sisu Auto Ab, +358 50 439 5759

Jussi Hattula, Director, Growth and Industrial Investments, Tesi, +358 40 066 9955

 

Tesi wants to raise Finland to the forefront of transformative economic growth. We develop the market, and work for the success of Finnish growth companies. We invest in private equity and venture capital funds, and also directly in growth companies. We provide long-running support, market insights, patient capital, and skilled ownership. tesi.fi | Twitter | LinkedIn | Newsletter