9/16/2024
Press Release: BMP Group has Acquired Full Stake in Finnish Fold-Up Door Manufacturer Champion Door Oy
The BMP Group, leading teams of industrial door companies, has acquired a full stake in Champion Door, the Finnish manufacturer of industrial fold-up doors. This acquisition represents a strategic move to strengthen Champion Door’s global market position and drive future growth, enhancing the company’s presence worldwide.
Champion Door’s production will continue seamlessly in Finland under the CHAMPIONDOOR® brand, with no disruption to operations. The leadership team remains the same, with CEO Pekka Hosio continuing at the helm. All current operations, including the global sales network, will remain unchanged. Additionally, Champion Door will now integrate BMP Europe’s high-speed doors into its product portfolio.
A new path to expansion and growth
With the BMP Group’s extensive global network, which spans 74 countries and includes over 500 dealers, Champion Door is poised to expand its reach significantly. This acquisition boosts product volumes and market share, while also improving the company's ability to offer comprehensive customer service and after-sales support.
BMP Group and its members’ expertise will play a critical role in enhancing Champion Door’s competitiveness and operational efficiency. The investment from the BMP Group, coupled with Champion Door’s strong financial position and solid order backlog, allows for greater resource allocation towards marketing and product development.
This acquisition aligns with Champion Door’s long-term strategy of international expansion. Finding a partner with shared values and a people-centric culture was essential for Champion Door. Both companies are united in their belief that their employees are key drivers of their success.
“Champion Door has always been bold in its international aspirations. With BMP Europe’s backing, we are ready to accelerate our global expansion. This new chapter brings exciting opportunities for both our business and employees,” said Pekka Hosio, CEO of Champion Door.
Contact:
Champion Door
Pekka Hosio, CEO
+358 400 387 873
pekka.hosio@championdoor.com
BMP Group
Danilo Benotto, CEO
+39 0141 948843
benotto@bmpitalia.it
About Champion Door:
Founded in 1992, Champion Door is a Finnish manufacturer of industrial fold-up doors, renowned for its high-performance, large-scale door systems designed for demanding industries like aviation and mining. In 2023, Champion Door achieved a turnover of more than €16 million, with products delivered to over 60 countries.
About BMP Group: With over 30,000 doors sold annually and a turnover of €250 million, BMP Group is a global conglomerate of industrial door companies specializing in a wide range of door products and solutions for multiple industries. Its strong international presence, supported by strategic acquisitions of respected brands such as BMP®, ThermicRoll®, Jamison®, Salco®, HCR®, and Jamotuf®, has established a vast network of over 500 dealers across 74 countries.
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