Finland: Circular materials processing equipment specialist Tana Oy has received an initial investment from the CapMan Growth Equity III fund. Other participating investors include Elo Mutual Pension Insurance Company. The new funding is intended to fuel Tana Oy's further expansion. The company said that the Kangas family remain its primary owners.
Tana Oy expects to record €65m in turnover in the 2024 financial year (1 April 2023 – 31 March 2024). It maintained over 20% year-on-year growth in turnover over multiple previous years.
