System Engineering Solutions 37 (SES37), owned by Stockforsa Invest AB, acquires the shares of defence system integrator Conlog Oy - Neuvoa Advisors advisor to sellers
The international advisory team of Neuvoa Advisors acted as the sole financial advisor to the owners of Conlog Oy through the process from beginning to end. Advisory included preparing of marketing materials, identifying potential acquirers, a globally coordinated contacting of chosen buyers, over-all coordination of the process and contract negotiations. After the share purchase, Conlog Oy will become a subsidiary of SES37 and continue its operations in its present premises.
Founded over 30 years ago, Conlog Oy is a long-term strategic partner of the Finnish Defence Forces, and a leading supplier of mobile system platforms and special-purpose shelters in the defence sector. The company’s revenue in its latest financial year was 21,5 million euros, and it employs ca. 100 people. The company’s long-term vision is to be a significant European supplier of defence and security operating environments before the year 2030, a goal which is supported by SES37 and the international networks of its partners.
Together SES37 and Conlog are an excellent example of the practical cooperation of Finnish and Swedish defence industry, which brings added value to all parties considered.