Press release 14.2.2017
Leinonen Group continues strong growth strategy and strengthens its position by acquisition of Norwegians Resultat Compagniet AS
This acquisition strengthens the business of Leinonen Group in Norway and increases the clientele. With this acquisition comes new personnel that bring deeper competences in Norwegian market. “It is great to gain deep local knowledge of accounting business and local business environment”, says Petteri Leinonen, chairman of the board of Leinonen Group.
Norway has significant role in Group’s strategy, as it is an interesting market area for companies in Finland, as well as companies in other areas where Leinonen Group operates. Also Norwegian companies strive for growth in new markets.
Leinonen Group subsidiary, Leinonen AS, has been operating in Norway since 2013. Newly acquired Resultat Compagniet AS will for now continue operations under its existing name, and the two companies share the same premises. Asgeir Lund is the managing director for both companies.
Resultat Compagniet AS is a company founded in 2004, owned to 100% by Gunnar Steen. The company has had stable business activity in Norway. In 2016 turnover was 680.000 EUR and it employed 7 people. The company´s clientele is mainly Norwegian small and medium sized companies. Gunnar Steen will be employed as a specialist in the company.
Accounting as business is consolidating rapidly and becoming more international, as small and medium size companies are expanding abroad, and thereby, require similar compatible accounting services in all markets. “We recognize business culture differences between countries and can help companies that are expanding their business abroad. We can answer those questions our clients don’t even know they need to ask. Every country has its own practices and habits, and every company needs professional support in their international expansion. “notes Petteri Leinonen.
Leinonen is Finnish private-owned accounting and advisory company, established in 1989. Leinonen offers reliable accounting, payroll, advisory, administration, and audit services in 11 countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Poland, Hungary, Bulgaria, Russia and Ukraine. The deep local expertise and personal service, combined with wide international presence, is Leinonen’s strength.
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