Alstom extends industrial maintenance and service offerings in Baltic and Nordic regions

ALSTOM Finland Oy has completed the acquisition of RMG-Yhtiöt, a Finnish industrial maintenance and services company. The new company will operate under the name ALSTOM Pointo Oy, as part of the Power Service Sector of Alstom.

The acquisition represents a major step forward in Alstom's strategy to become a full service provider, supporting the market through field service resources, located close to customers. Kari Suominen, Country President at Alstom in Finland commented, "Pointo's depth and breadth of skills and service capabilities offer us a unique opportunity to strengthen Alstom's position both in the Finnish power service market and deliver more advanced service solutions to customers right across the Nordic and Baltic regions".

Combining the resources of RMG-Yhtiöt and Alstom will deliver significant synergies and additional growth potential. The service facilities of RMG-Yhtiöt will allow Alstom to strengthen its services offering and expand its presence into new business areas.

RMG-Yhtiöt has been a close partner of Alstom since the 1980s, as the preferred subcontractor for field service projects. Founded in 1953, RMG-Yhtiöt today has long-term relationships with both Finnish industry and power providers. With sales of about 18 million euros in 2006, the company employs more than 200 people.

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