Suvanto Trucks

Turku, Finland Founded: 2010 • Age: 16 yrs Acquired By Wetteri
Used trucks are bought and sold by Suvanto Trucks.
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About Suvanto Trucks

Suvanto Trucks is a company based in Turku (Finland) founded in 2010 was acquired by Wetteri in February 2024.. Suvanto Trucks offers products and services including New Trucks, Used Trucks, and Utility Vehicles.

  • Headquarter Turku, Finland
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Wetteri

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Wetteri

    & 1 more

    (Feb 29, 2024)

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Products & Services of Suvanto Trucks

Suvanto Trucks offers a comprehensive portfolio of products and services, including New Trucks, Used Trucks, and Utility Vehicles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Sales of new heavy and utility trucks for commercial use

Sales of used heavy and utility trucks for various applications

Sales of new and used utility vehicles for business needs

Funding Insights of Suvanto Trucks

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Suvanto Trucks

Suvanto Trucks has secured backing from 2 investors. Prominent investors backing the company include Wetteri and Sievi Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Provider of selling new, electrical & exchange cars, maintenance, and repair services
Founded Year Domain Location
PE firm investing in Finland
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Suvanto Trucks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Suvanto Trucks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Suvanto Trucks Comparisons

Employees
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Competitors of Suvanto Trucks

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Suvanto Trucks

Frequently Asked Questions about Suvanto Trucks

When was Suvanto Trucks founded?

Suvanto Trucks was founded in 2010.

Where is Suvanto Trucks located?

Suvanto Trucks is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.

Who is the current CEO of Suvanto Trucks?

Timo Lahtinen is the current CEO of Suvanto Trucks.

What does Suvanto Trucks do?

Suvanto Trucks was founded in 2010 and is based in Turku, Finland. Operations focus on the automotive sector, specifically as a dealer for used trucks. Buying and selling services are provided through the domain suvantotrucks.com. Leadership is held by CEO Timo Lahtinen. Activities are centered in the Finnish market, with transactions facilitated for commercial vehicles.

What products or services does Suvanto Trucks offer?

Suvanto Trucks offers New Trucks, Used Trucks, and Utility Vehicles.

Who are Suvanto Trucks's investors?

Suvanto Trucks has 2 investors. Key investors include Wetteri, and Sievi Capital.

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