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Company / History / Destia was sold
Destia was sold
In August 2021, Ahlström Capital announced that it had agreed to sell Destia to Colas, a French company working in the construction and maintenance of transport infrastructure. Destia is a Finnish infrastructure and construction service company that creates tomorrow’s infrastructure for its customers, society, and people in general. It creates urban construction innovations and smart infrastructure solutions that are built on a sustainable foundation.
During the seven years in Ahlström Capital’s ownership, Destia was developed into a leading infra player in Finland with a strong position in a competitive market. The company strengthened its capabilities in many key areas, including the digitalisation of its maintenance business. During Ahlström Capital’s ownership, Destia’s External Fair Value more than tripled and the company provided a good cash flow.
The divestment was completed on December 1, 2021.
