Releases - Brand United

In August, Monilaite-Thomeko Oy acquired 50% of Sollex Ltd in St Petersburg, Russia, and opened a joint venture sales and service office in Minsk, Belarus.
“Joining forces with Sollex will help to improve customer service and widen our product portfolio. This will also mean a stronger position in the Russian market,” says Managing Director Fred Ramberg.

Sollex is specialised in commercial and industrial...

(Helsinki, Finland) Kiosked, the leading platform for activating brands and rewarding fans, has raised $5.75 million in funding from Kaj Hed, private investors and Tekes, the Finnish Funding Agency for Technology and Innovation. The funding will be used to further accelerate Kiosked’s growth in Europe, the U.S. and APAC and for building a world-class team. Mr. Hed will join Kiosked Board of Directors as Chairman.

Finnish private equity company Intera Partners is investing in the largest privately held hotel and restaurant group in Finland, Royal Ravintolat Oy. The current owners, the Saari and Hynninen families, will remain significant minority owners after the transaction, which is being undertaken to prepare Royal Ravintolat Oy for expansion and a changing market situation in the metropolitan area.