Algol Technics and Roltex signed the acquisition agreement on 12 January 2024, and the transfer of business operations to Algol will take effect on 1 April 2024. Roltex employees will transfer to Algol Technics as long-service employees.
Roltex has achieved a significant position in the Finnish market supplying products for loading bays, including loading ramps, lifts and industrial and special doors, both in terms of products and services.
“The acquisition of Roltex’s business operations will expand our offerings and enable us to provide a more comprehensive service package for our existing and new industrial customers. This acquisition is part of Algol Technics’ sustainable growth strategy. It will also provide us with a strong and competent team of professionals to supplement our current expertise,” says Sauli Mäntylä, Managing Director of Algol Technics.
“I believe that Roltex is getting a good owner in a Finnish family enterprise that can provide the support to continue our business development and growth while taking customer needs into account,” says Roger Österberg, Managing Director of Roltex.
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Pictured here are Seppo Sahlstedt, Export Manager at Roltex, Alexander Bargum, CEO of Algol, Roger Österberg, Managing Director of Roltex, Sakari Saastamoinen, Chairman of the Board of Roltex, and Juho Kalliomaa, Business Unit Director of Service Operations at Algol Technics.
Further information
Sauli Mäntylä, Managing Director, Algol Technics, t. 050 469 5145, sauli.mantyla@algol.fi
Roger Österberg, Managing Director, Roltex, t. 0400 800 446, roger.osterberg@roltex.fi
Roltex in brief
Roltex is a Finnish company founded in 1993. The company’s product range includes, for example, loading ramps and other loading bay products, industrial doors, lifting platforms and container lifts tailored for the customer. www.roltex.fi
Algol Technics in brief
Algol Technics is a partner to industry and expert in material handling solutions. The company plays an active role in the development of intralogistic solutions, automation and robotics, and it represents numerous international suppliers in Finland. Algol Technics is part of the Algol Group. www.algoltechnics.fi
