About Us > Boreo in Brief
Boreo is a company that creates value by owning and acquiring small and medium-sized companies in the long-term. Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital.
The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.
Boreo’s operations are organized into two business areas:
In 2023, Boreo’s sales amounted to EUR 161 million and the group employs nowadays over 300 persons in seven countries. Headquarters of Boreo is located in Vantaa, Finland.
Boreo Plc’s stock is quoted on the main list of Nasdaq Helsinki with ticker BOREO.
Sales 2023: EUR 62 million
Personnel: 127
Markets: Finland, Estonia, Latvia, Lithuania, Poland, USA
Brands: Yleiselektroniikka, YE International, Noretron Komponentit, Milcon, Infradex, Signal Solutions Nordic, Delfin Technologies
Sales 2023: EUR 100 million
Personnel: 190
Markets: Finland, Sweden, Estonia
Brands: Machinery, Machinery MT, Muottikolmio, Pronius, J-Matic, Filterit, Tornokone, PM Nordic, HM Nordic, Floby Nya Bilverkstad, Lackmästarn, Etelä-Suomen Kuriiripalvelu, Vesterbacka Transport