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Pinerock Finland acquires KBC Rakennus Oy and strengthens its position in the Helsinki Metropolitan area

Pinerock Finland Oy is strengthening its position in the renovation, maintenance and improvement (“RMI”) market in the Helsinki metropolitan area by acquiring 100 percent of the shares of KBC Rakennus Oy. Through the acquisition, KBC Rakennus becomes part of the growing Nordic Pinerock Group. The transaction was completed on August 25, 2026.

KBC Rakennus is a company specialised in residential renovation and pipe renovation projects, with operations focused on the Helsinki metropolitan area. KBC Rakennus will continue to operate as an independent company within the Pinerock Group, and the current management team will remain in place.

The acquisition complements Pinerock’s expertise in RMI particularly in residential refurbishment projects, and pipe renovation projects, while also strengthening the Group’s position in the Helsinki metropolitan market. KBC Rakennus’ key customers include public housing providers, private property owners, institutional investors, and housing associations.

“KBC Rakennus has a strong entrepreneurial culture and a team that is highly committed to continue the growth journey. The company is an excellent complement to our existing operations and strengthens our position in the Helsinki metropolitan area, which is Finland’s most important growth market. In addition, KBC has developed strong expertise in the use of lean production methods within renovation, and we see significant opportunities in this capability from a Group-wide perspective,” says Juha Kananen, Country Manager of Pinerock Finland.

“Becoming part of the Pinerock Group gives us the opportunity to develop our business with a long-term perspective while preserving our way of working and continue developing our team. As part of a larger organisation, we can leverage the Group’s expertise, share best practices, and participate in larger and more demanding projects,”says Vesa Suomäki, CEO of KBC Rakennus.

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About Pinerock Group

Pinerock Group is a Nordic corporation founded in 2020, dedicated to becoming the leading renovation, maintenance, and improvement (RMI) and building services group in the region. The group consists of 18 operational companies throughout Sweden, Finland, Norway and Denmark. In Finland, the Group includes Veljekset Nuutinen Oy, Oulun Remonttimylly Oy, and Restok Group. The group brings together strong, local entrepreneurs, fostering collaboration and growth across the Nordics. On a pro forma basis, the Group currently generates more than EUR 550 million in annual revenue and employs over 1,000 people.

About KBC Rakennus

KBC Rakennus is a Helsinki metropolitan area-based company specialising in residential renovation. During the financial year ending in February 2026, the company generated EUR 18 million in revenue and employed approximately 30 people. KBC Rakennus’ services include apartment refurbishment and pipe renovation projects.

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