Tana Oy is an environmental technology company that promotes sustainable development by offering smart equipment and solutions for processing solid waste. The globally operating company is one of the world’s leading equipment manufacturers in the field, and its product portfolio includes shredders, screens, landfill compactors and remote monitoring systems. Tana products are exported to more than 50 countries through a global distribution network that includes more than 30 authorised Tana dealers. The company’s head office is located in Jyväskylä, Finland.

Tana Oy has experienced strong growth and has been able to maintain an annual turnover growth rate of around 20% for several years while maintaining an excellent level of profitability. For the financial year ending in March 2024, the company’s turnover is expected to exceed €65M, and the parties to the agreement have agreed to invest in strong growth in the future as well.

Towards market leadership in the global recycling industry

CapMan Growth is investing in Tana together with its long term industrial advisor, Aaro Cantell, principal owner of Normet Group. With his Normet background, Cantell has almost 20 years of experience in generating rapid growth in a similar sector providing mining solutions. He will support Tana’s future growth in the role of chairman of the board. In addition to his expertise, he will also make a significant investment in the company. The investor consortium is completed by Elo Mutual Pension Insurance Company, and the company’s executive management team is also investing significantly in the company. Tana’s long term owner Kari Kangas and his family will continue as the company’s largest shareholders.

www.tana.fi