United Bankers Plc (“United Bankers”, the “Company”) has today, by an agreement signed on 11 February 2026, agreed to acquire the entire share capital of the fund management company Fourton Ltd (“Fourton”). The transaction is intended to be carried out as a share exchange on 25 March 2026 at the earliest, and its final completion is subject to, among other things, the approval of the Financial Supervisory Authority, the share issue authorization granted by the Annual General Meeting of United Bankers, and the fulfillment of certain customary closing conditions. All of Fourton’s key personnel and other employees will continue in the service of the United Bankers Group after the transaction.
Fourton is a Finnish fund management company founded in 2003, which has four actively managed equity funds. Fourton’s special expertise focuses particularly on Asian markets as well as small and medium-sized enterprises in Central and Southern Europe. According to Fourton’s preliminary financial statements for 2025, the company’s revenue was EUR 1.3 million and operating profit was EUR 0.4 million. The assets under management in the company’s funds totaled approximately EUR 150 million at the end of 2025.
The fixed purchase price is determined based on certain financial figures and is estimated to be approximately EUR 4.2 million. The final amount of the fixed purchase price will be specified on the closing date of the transaction. Under certain conditions, the sellers are entitled to an additional purchase price, which will be paid three years after the closing of the transaction, and the maximum amount of which will be specified on the closing date.
Upon completion, the arrangement will support United Bankers’ growth strategy through, among other things, the expansion of the fund selection and expertise, new customer relationships, and administrative synergies. Fourton has four investment funds: Fourton Fiesta Plus, Fourton Silkkitie Aasia, Fourton Komodo Indonesia, and Fourton ESG Dynasty.
The arrangement is not expected to have a significant impact on United Bankers’ business operations or key figures.