Boreo offers products and components from leading suppliers within electronics, measurement, industrial as well as construction equipment. The operations are conducted through the Group’s independent subsidiaries in Finland, Sweden and the Baltics and organized into three business areas, Electronics, Technical Trade and Heavy Machines.
Preato Capital acquired Machinery in 2017. A number of add-on acquisitions of complementary businesses was implemented during our ownership. In 2019, Preato Capital acquired the majority of the shares in Yleiselektroniikka. The new group was created in 2020 through the merger between Yleisellektroniikka and Machinery, which doubled net sales, created a broader product- and service offering as well as laid the foundation to continue develop a larger and stronger technical trade group in selected industry segments.
Boreo Oyj is listed on Nasdaq in Helsinki.
In brief
- Sales: EUR 160 million
- Employees: 327
- Headquarters: Vantaa, Finland
- CEO: Kari Nerg
- Preato Capital ownership: 70,7%