Merilampi represented Czech transport engineering company Škoda Transportation Group in its acquisition of majority shares in Finnish company Transtech Ltd.
Finnish company Sinituote Oy remains an important minority shareholder of Transtech, as required by Škoda. Transtech will continue to operate under its existing brand name.
Transtech is a manufacturer of railway and rail vehicles and engineering products. The company employs approximately 530 people, and its net sales in 2014 were EUR 95 million.