SecurityWorldMarket

09/11/2021

Prosero acquires PAP Group in Finland

Stockholm, Sweden

Fredrik Gren, CEO of Prosero Security Group and Marko Hämäläinen, CEO of PAP Group.

PAP Group is one of the Nordic region’s largest independent providers of fire protection and safety solutions and one of Finland’s market leaders. With the acquisition of PAP Group, Prosero will significantly strengthen its position and presence in fire protection services throughout Finland.

PAP Group was established in 2006 and is a certified, full-service supplier of fire prevention systems. The company offers complete solutions for fire alarms, voice evacuation, and emergency lighting, including project management, installation, administration, remote control, and maintenance.

Through strong partnerships with major actors in construction and installation, PAP Group has developed a successful business, a powerful brand, and an excellent reputation in the industry. Their fire protection solutions can be found everywhere: from arenas and hospitals to tunnels, datacentres, public buildings, and housing. Working from offices in Vantaa (HQ), Turku, Kuopio, Varkaus, Lahti, and Tampere, PAP Group maintains a local presence in many areas of Finland. The company has achieved good results in accordance with established goals and expects this positive trend to continue, with many exciting projects in the pipeline. Revenue for the past financial year amounted to EUR 7.8 million.

“Our goal is to be the top supplier of turnkey solutions in fire safety and protection, with a wide range of services in our portfolio. Within our target customer group, we are recognised as the expert in system design and advisory services. We invite our customers to participate in the project from the very start, during the design stage. Joining Prosero means that we can deliver an even better solution to our customers and partners. We’ll be able to grow and develop more rapidly, for example through acquisition, and by expanding and improving our service offering in line with our strategy. As part of the Prosero Security Group, we’ll also be able to offer our customers a wider range of related security services,” says Marko Hämäläinen, CEO of PAP Group.

“With a fire protection professional like PAP Group in Finland, Prosero’s collective service offering will become even stronger,” noted Fredrik Gren, CEO of Prosero Security Group. “PAP Group is one of the leading providers of fire protection in Finland, with local operations in several important areas where we did not previously have a presence. The company is an ideal complement to our Finnish organisation. We’re so pleased and proud to have PAP Group with us in Prosero Security Group and we look forward to cooperating with them to develop services and products.”


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