SULO is the European leader in pre-collection solutions for waste management. The group offers a wide range of products and services to turn waste into value, with 150 million installed systems worldwide. SULO helps citizens, local authorities and businesses to reduce their environmental footprint. SULO has a total of 2,500 employees and is owned by Latour Capital and BPI France.
This transaction will enable Molok to further expand internationally through SULO’s distribution network and to develop operations by leveraging shared expertise. The acquisition of Molok will strengthen SULO’s solution portfolio and presence in Northern Europe.
Molok is a global category leader in semi-underground waste container business. The company has installed over 190,000 containers to more than 45 countries. Molok’s headquarters and production are located in Nokia, Finland. The company’s turnover in 2022 was approximately EUR 30m and it employs circa 80 people.
About Vaaka Partners
Vaaka Partners is a Finnish private equity firm that helps mid-sized companies become business champions. With its fourth buyout fund, the company is responsible for approximately EUR 0.6bn of private equity funds. To realize new growth opportunities, Vaaka’s approach combines strategic and operational expertise with trust-based collaboration. The largest investors in Vaaka funds are leading pension funds.