Sievi Capital and Tesi acquire Saurus and Vema Lift

Avance advises Sievi Capital plc and Finnish Industry Investment Ltd (Tesi) in the acquisition of Saurus Oy and Vema Lift Oy from the Kiitokori Group. Saurus manufactures, as its main products, firefighting vehicles and Vema Lift is a leading manufacturer of aerial platforms primarily for firefighting and rescue operations.