BOREO PLC Stock exchange release 1 December 2025 at 09:30 EET
Change in Boreo’s management team
Jesse Petäjä, Chief Financial Officer of Boreo, has decided to step down from his position and announced that he will pursue new opportunities outside the company. Petäjä will continue in his role until March 2026, and the company will immediately initiate the recruitment process for a new Chief Financial Officer.
“Jesse has played a significant role in Boreo’s growth journey and in the development of the company’s business model. I want to thank Jesse for his contribution and wish him success in the future,” says Boreo’s CEO, Kari Nerg.
Vantaa, 1 December 2025
Boreo Plc
Kari Nerg
CEO
Distribution:
NASDAQ Helsinki Ltd
Principal media
For more information:
CEO Kari Nerg
+358 44 341 8514
CFO Jesse Petäjä
+358 40 706 9450
Boreo in brief:
Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium-sized companies in the long-term. Boreo's business operations are organized into two business areas: Electronics and Technical Trade.
Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.
The Group's net sales in 2024 were EUR 134 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.