Pohjola Insurance Acquires Excenta Specialising in Corporate Wellness
Pohjola Insurance Ltd has acquired Excenta, a strategic corporate wellness
services provider, from its management and Elisa Corporation. This acquisition
will strengthen Pohjola's new wellbeing business and diversify Pohjola Health
Ltd's services for corporate customers.
As one of the leading corporate wellbeing services providers in Finland, Excenta
provides its corporate customers with wellness management consulting services,
training for supervisors and managers, and offers wellbeing measurement tools
and practical solutions for the enhancement of employee wellbeing. With a staff
of 30 corporate wellness experts and net sales of around 2 million euros in
2010, the company has some 100 customers, 48 of which are large corporations.
- At the beginning of 2011, Pohjola branched out into the wellbeing-at-work
business by establishing Pohjola Health Ltd which provides corporate customers
with expert services related to the analysis, management and measurement of
wellbeing at work. Through this acquisition, we had it in mind to strengthen our
expertise and diversify the range of services for our customers, says Jouko
PÃ¶lÃ¶nen, President of Pohjola Insurance Ltd.
Pohjola Health's team of experts in charge of customers' employee wellbeing
development boasts diverse skills and experience in HR management, occupational
healthcare, financial analyses and non-life and pension insurance.
- Enabled by this acquisition, we will build a robust package of services.
Pohjola Health Ltd has promising growth prospects and we are pleased to have
more wellbeing experts in our payroll. Excenta's expertise supplements finely
with ours, for example, through wellbeing surveys and by strengthening the
scientific basis by conducting an annual "Strategisen hyvinvoinnin tila
Suomessa" survey (Strategic wellness in Finland), states Veli-Matti Qvintus,
CEO, Pohjola Health Ltd.
- This acquisition enables Excenta to offer its expertise within an organisation
with larger resources while providing the opportunity to grow faster as part of
OP-Pohjola than being an independent company. This is also a great opportunity
to our employees who will join Pohjola's payroll. At OP-Pohjola, they will also
have more scope for skill enhancement and job enrichment, says Topi Valtakoski,
Managing Director, Excenta Oy.
FOR MORE INFORMATION, PLEASE CONTACT:
Jouko PÃ¶lÃ¶nen, President, Pohjola Insurance Ltd. tel. +358 (0)10 253 2691
Veli-Matti Qvintus, CEO, Pohjola Health Ltd, tel. +358 (0)400 685 356
Topi Valtakoski, Managing Director, Excenta Oy, tel. +358 (0)40 720 4847
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Source: Pohjola Pankki Oyj via Thomson Reuters ONE