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Pinerock Finland Expands into Commercial Renovation by Acquiring Restok Group Oy
Pinerock Finland Oy has agreed to acquire 100 percent of the shares of Restok Group Oy. Restok is a Helsinki-based company specializing in renovation. Through this transaction, Restok will become part of the Pinerock Group, a Nordic company focused on RMI (Renovation, Maintenance, Improvement) and Building services. The transaction was completed on June 10, 2026.
Restok will continue operating as an independent company within Pinerock Group, and the current management will retain their roles. All Restok employees will continue in their positions under existing terms. Restok’s revenue in 2025 was EUR 17.7 million, and the company employs about 35 people.
With the acquisition, Pinerock Finland expands its service offering to include renovation of commercial and business premises. Previously, the company’s services have primarily focused on residential renovation projects through its subsidiaries Venue and Oulun Remonttimylly.
Juha Kananen, Country Manager of Pinerock Finland Oy, welcomes Restok to the group:
“We are very pleased to welcome Restok and its skilled personnel to Pinerock. Restok is known for its high quality, recurring customers, strong project management, and Lean expertise. The company supports our goal of becoming a leading renovation construction player in the Nordic region.”
According to Kananen, the acquisition enables Pinerock Finland to offer its existing customers a broader range of services across a wider geographic area.
Jouni Järvenpää, CEO of Restok Group Oy, highlights the strategic importance of the transaction:
“Pinerock is an excellent partner for us, bringing new growth opportunities and resources to further develop our operations. Pinerock’s extensive Nordic network will also bring new perspective that can develop our processes and improve cost efficiency. The partnership will also create new opportunities for our employees. I believe that together with Pinerock we can strengthen Restok’s market position and provide our customers with even more comprehensive services.”
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Pinerock Group is a Nordic corporation founded in the 2020s, dedicated to becoming the leading RMI and Building services group in the region. The group also offers specialised insurance services. The group brings together strong, local entrepreneurs, fostering collaboration and growth across the Nordics through individual entities becoming stronger together. Pinerock Group has revenue of about EUR 500 million and a workforce of more than 900 employees.
Restok Group Oy is a renovation specialist operating in the Helsinki metropolitan area, known for high-quality execution and efficient project management. The company offers a wide range of construction and renovation services and works closely with its clients throughout all phases of renovation projects. Restok Group Oy’s revenue in the 2025 financial year was EUR 17.7 million, and it employs approximately 35 people.