Ensto acquires Elwia Systems Oy

Ensto has acquired Elwia Systems Oy, a leading Finnish player specialized in flexible cabling systems for commercial electrical installations.

"This acquisition strongly supports Ensto's new strategy with clear development focus on smart buildings ecosystem, enabling us to deliver more complete solutions to our customers' projects. We sincerely welcome Elwia's team to the Ensto family!" highlights Ari Virtanen, Ensto's CEO.

Elwia brings to Ensto a synergetic and broad product portfolio in flexible cabling systems, as well as a competent team with years of experience helping customers to build the most reliable and safe installations.

"Ensto is a reputed and solid Finnish family business standing on the same long-term values that Elwia was built on. This deal will open new and greater opportunities for Elwia's business and employees, both in Finland and abroad" notes Eero Poukkula, Elwia's founder and former main owner.

Elwia Systems Oy was founded in 2010, and has its headquarters in Kempele, Northern Finland. Elwia produces locally a wide range of aluminum cable ladders and trays in its Alajärvi plant. It also distributes MP Bolagen, Lival and Kopos product brands in Finland.

Additional information:
Ari Virtanen, CEO, Ensto Group, tel. +358 20 476 2440
Fernando Trolia Slamic, President, Ensto Electrification, tel. +358 20 476 2400
Tomi Muurinen, Sales and Marketing Director, Ensto Electrification, tel. +358 20 476 2308
Eero Poukkula, Managing Director, Elwia Systems Oy, tel. +358 40 139 5555

Ensto in brief
Ensto is an international family business, which designs and provides smart electrical solutions to improve the safety, functionality, reliability and efficiency of smart grids, buildings and transportation.
Ensto was founded in 1958 and employs ca. 1,600 passionate professionals in Europe, the USA and Asia. In 2016, we generated turnover of ca. 260 million euros. We believe in a better life with electricity and a more sustainable tomorrow.

Elwia in brief
Elwia Systems Oy a leading Finnish player specialized in flexible cabling systems for commercial electrical installations. We represent leading product brands in Finland. In 2016 our turnover was 8 million euros.