The old EM Group Oy (0854884-7) was divided into three independent companies and ceased to exist as such on 1 January 2017. The new companies are EM Group Oy, Ensto Invest Oy and Tianta Oy.
The complete division took place according to the draft terms of division, signed on 26 August 2016, by establishing the three abovementioned recipient limited companies. All the assets, debts, debt capital and rights of the company being divided were transferred without liquidation proceedings to the new limited companies created in the division, namely EM Group Oy, Ensto Invest Oy and Tianta Oy, for shares of the new companies.
The purpose of the division of EM Group Oy was to incorporate the ownership of other assets and the related business activities of Ensto Group, Teleste Oy and EM Group Oy into separate companies. This division was part of a larger restructuring, the purpose of which was ultimately to implement a generational change.
The new economic entity of EM Group Oy consists of, in addition to the parent company EM Group Oy, the subsidiaries Efla Oy, Enervent Oy, Exvent AS and XO Boats Oy, as well as the real estate and securities. Ensto Invest Oy acts as the parent company to the Ensto Group. Tianta Oy manages the shares of Teleste Oyj.
The contact information for the companies is the following:
EM Group Oy
Business ID: 2778547-7
Address: Ludviginkatu 3-5 A, FI-00130 Helsinki, Finland
Telephone: +358 (0)40 539 0404
Ensto Invest Oy
Business ID: 2778546-9
Address: Ensio Miettisen katu 2, P.O. Box 77, FI-06101 Porvoo, Finland
Telephone: +358 (0)204 76 21
Business ID: 2778548-5
Address: P.O. Box 70, FI-07901 Loviisa, Finland