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The Aebi Schmidt Group strengthens its market position in Northern Europe

Frauenfeld, February 18, 2020 – The Swiss-based Aebi Schmidt Group has acquired the leading Finnish manufacturer of road maintenance vehicles and equipment, Arctic Machine Oy. This acquisition further strengthens Aebi Schmidt Group's market position in Northern and Eastern Europe.

Arctic Machine Oy is a leading manufacturer of vehicles and equipment for the year-round maintenance of roads and airports, with a clear focus on smart mobility and digital transport solutions.
The company, headquartered in Jyväskylä, looks back at a history of over 80 years and has evolved over the past decade from being an equipment manufacturer to a full-range provider of intelligent solutions for road maintenance. Arctic Machine Oy realizes a large portion of its sales outside Finland and has a strong presence in Scandinavia, Baltic States and Russia. For the Aebi Schmidt Group, this acquisition provides an ideal complement to its product portfolio and the expansion of its presence in the Northern and Eastern European market.
"The strong and profitable growth of Arctic Machine Oy shows that the company is focused on the needs of its customers and has thus developed from being a manufacturer to a complete service provider", says Barend Fruithof, CEO of the Aebi Schmidt Group. "This is exactly the path that the Aebi Schmidt Group has taken and is another reason why Arctic Machine Oy is a perfect fit for us".
Arctic Machine Oy will continue to operate as an independent brand, under its current management and with its existing workforce. The CEO of Arctic Machine, Juha Jääskelä, is convinced, "As part of the Aebi Schmidt Group, Arctic Machine Oy has the possibility to expand its solutions and competencies to new markets as well as to extend Aebi Schmidt Group’s offering for existing customers in existing markets. The current owners of Arctic Machine look forward to see the story of Arctic Machine as high end solution provider to continue under a new ownership.”