Kamux - Hunting for profitability improvement (Part 2)

An interesting acquisition from Saka; they are expanding into maintenance services by acquiring a small company called Suomen Autohuolto. (I couldn’t find a press release on Saka’s website, but I received one via email). The revenue of the acquired company is just under 25 MEUR, so it adds only a couple of percent to Saka’s total revenue, but it is a strategically interesting move. The company states that this is part of their strategy to expand into service business and thus be more present throughout the entire automotive lifecycle.

Those who have followed Kamux might remember that this is the same topic Pajuharju spoke about when joining Kamux 2-3 years ago, but the company didn’t manage to make any significant moves in this area (certainly partly because acute business problems demanded all the attention).

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