2007 - Sale of the Company to Private Equity Investors

In 2007, the revenue was about €5.5 million, and two private equity investors wanted to purchase Stremet Oy. It was natural to have Asko retire. From the beginning of 2008, Hans became the CEO, and the revenue increased to €6.5 million. However, the recession came, and the revenue shrunk by about half. Growth didn’t return the following year either, and in 2010, the owners decided to sell a third of the company back to Hans.