Translink Corporate Finance Finland acted as a financial advisor for the owners of Safedo.

Presto Group, a partner in security services and products in the fire protection area in Sweden, has acquired the Finnish workplace safety specialist, Safedo. This is Presto Group’s fourth acquisition in this segment in Finland during the last 12 months and they are now the domestic market leader in Finland.

The acquisition of Safedo also enables Presto Group to expand to the first aid consumables segment in its other markets.

“Together with Presto, we will be able to offer our customers a significantly wider range of safety training throughout Finland. Training is an essential part of the risk management of companies. The prevention of accidents enhances work safety and cuts costs. As a part of the Presto Group, we will have more resources to develop our extensive first aid product selection offered in the Finnish and the Nordic markets”, says Safedo Plc’s CEO Marko Parviainen.