May 2025
SMH Group OÜ, which owns the cleaning company Krausberg, has acquired Tallinna Kommunaalteenused OÜ.
This strategic acquisition allows the company to implement innovative solutions and enhance service quality within the street maintenance industry. Martin Saar, the owner of SMH Group OÜ, emphasizes the importance of technological advancements and adopting a contemporary approach to managing operational processes and fostering collaboration with local municipalities in the maintenance services sector.
Jaan Viljas, CEO of Tallinna Kommunaalteenused OÜ, highlights that the merger with SMH Group presents new opportunities to fully leverage the company's potential, which was previously constrained by limited resources and initiative. The acquisition of Tallinna Kommunaalteenused marks an initial step in establishing a service enterprise group founded on domestic capital.
We advised SMH Group on the financial and tax due diligence process. The project team from PwC Estonia included Teet Tender, Allar Karu, Külli Kimsto, and Kätlin Klaos.