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Kyro stake not lifted by Sohlberg

The Finnish privately-owned engineering group G W Sohlberg (GWS) is not planning to lift its stake in the power and autoglass group Kyro. Managing director of GWS, Heikki Mairinoja, said the group had…

The Finnish privately-owned engineering group G W Sohlberg (GWS) is not planning to lift its stake in the power and autoglass group Kyro. Managing director of GWS, Heikki Mairinoja, said the group had acquired a stake in Kyro in order to balance risks in the telecoms sector. Via GWS Systems and Perlos, GWS was very dependent on the telecoms sector, Mairinoja said.

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