ÅF, Pöyry combine with new group structure and management team

The combination of ÅF AB and Pöyry PLC was completed on 21 February 2019 and their integration is underway. ÅF said that a new group structure has been established and new management appointed. ÅF Pöyry is preparing to launch a united brand and a joint client offering during 2019.

The combined company will operate in five new divisions: infrastructure; industrial & digital solutions; process industries; energy; management consulting.

Management for the combined company consists of people from both companies and includes Martin à Porta, Nicholas Oksanen and Richard Pinnock from Pöyry’s current group executive committee.

According to ÅF’s release, the group managers will report to ÅF’s president and CEO Jonas Gustavsson. Pöyry’s president and CEO and group executive committee continue in their offices until the delisting of Pöyry shares from Nasdaq Helsinki Ltd. stock exchange. Pöyry’s net sales in 2018 were €580 million.

www.poyry.com

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