Arctic Machine Oy invests in digitalization of transport
Press release, free for publication 24 April 2018 at 10:00 am
Arctic Machine Oy has purchased 70 per cent of Infotripla Oy. The sellers are the company’s founders and owners Juha Laakso and Kimmo Ylisiurunen, who will continue in the company management and as minority shareholders.
“Arctic Machine’s strategy is to be an active operator in the digitalisation development of transport and infrastructure. The corporate acquisition expands the company’s existing iROAD telematics product family with versatile cloud service solutions. To achieve our goals, Infotripla’s long experience in the field and highly competent personnel offer an excellent complement to our existing product selection,” says Arctic Machine Managing Director Juha Jääskelä.
“Arctic Machine’s strong expertise in road maintenance and international networks give Infotripla an excellent new channel to leverage the company’s expertise, services and digital service platform at the core of domestic and international traffic information markets. This also reinforces our role with our existing customer base,” says Infotripla Managing Director Kimmo Ylisiurunen.
The digitality and servicification of transport and mobility open an extremely interesting opportunity for Arctic Machine and Infotripla to offer increasingly high-grade innovations to existing and new customers in order to enhance their operations and serve their customers. Data and information play an increasingly vital role in solving the challenges of the revolution in mobility – in the fields of smart cities, road maintenance and autonomous traffic of the future alike.
After the acquisition, Infotripla continues as an independent company, and the acquisition does not affect the company’s personnel or customers.
Arctic Machine Oy is a Finnish family business and one of the leading providers of road maintenance solutions in Europe. The company’s products are also used under demanding airport conditions. The group’s annual turnover is MEUR 15, with over 60 per cent coming from export and operations abroad. The company has retailers in the Nordic countries, Baltic countries and four CIS countries. In Russia, distribution is handled by a subsidiary.
Infotripla Oy is a Finnish forerunner in the digitalisation of transport as well as services and products that support mobility. The core of Infotripla’s services is comprised of traffic situation snapshots, Smart City and Smart Mobility products, traffic data and analytics products and the associated expert services. The company’s customers include government agencies and cities as well as international commercial transport service, navigation and map companies.
Arctic Machine Oy, Managing Director Juha Jääskelä, tel. +358 40 547 3699
Infotripla Oy, Managing Director Kimmo Ylisiurunen, tel. +358 40 738 8902