CapMan Growth’s portfolio company Tana Oy, a global leader in solid waste management and landfill operations, has announced the acquisition of its long-time Australian distributor, GCM Enviro Pty Ltd. The acquisition marks a significant step in Tana’s growth strategy and commitment to delivering customer value through direct local presence.
With this acquisition, GCM Enviro will become a subsidiary of Tana Oy and operate under the new name Tana Australia Pty Ltd. This move enables Tana to further strengthen its position in the Asia-Pacific region and offer even more integrated, customer-focused solutions as well as value-added services.
“We are very excited about this acquisition, as Tana’s expansion into a direct sales model in Australia is a natural next step for the company with strong international momentum. Congratulations to the teams at Tana and GCM Enviro on this exciting new chapter,” comments Tomi Alén, Partner at CapMan Growth and responsible for the Tana investment.
The current team at GCM will continue to operate as before, ensuring business continuity and maintaining strong relationships with existing customers and partners. The integration will bring additional resources and improved service capabilities under the TANA brand.
“Tana and GCM Enviro have worked together successfully for more than two decades. By combining our operations, we can be closer to our customers, grow our presence and fleet in Australia, aim to better understand customer needs, provide faster response times, and build stronger customer loyalty,” says Henri Kinnunen, Interim CEO of Tana Oy.
CapMan Growth Equity Fund III invested in Tana back in April 2024 to support the company’s development toward global market leadership.
Read more in the press release on Tana’s website.
In the release photo from left to right: Daniel and Bozena Kastowsky (owners of GCM Enviro), Henri Kinnunen (Interim CEO of Tana Oy)