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Avesco takes over distribution of Caterpillar products in Finland

With the agreement reached on November 5th between Avesco, Wihuri and Caterpillar, Avesco is taking over the distribution of Caterpillar products for the Finnish market from Wihuri. Avesco will take on around 240 employees who will continue the already successful business with machines, drive and energy systems as well as machine and equipment leasing.

The agreement extends Avesco's collaboration with Caterpillar. In addition to Switzerland, Estonia, Latvia and Lithuania, Avesco is expected to serve Finland with Caterpillar products as of 1 January 2020. There are no changes for the Swiss and Baltic divisions with this takeover.

American company Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar sells its products in various countries and regions through independent sales and service partners.

Stefan Sutter, CEO of Avesco, states: "Caterpillar has consolidated its European dealer network over the past 5 years. We are proud that with the takeover of the Baltic States and now with Finland we can actively participate in this consolidation and help shape it."

Daniela Aeschlimann-Schneider emphasizes: "Of course, after this regional expansion Avesco remains a family business with a clear commitment to the Swiss home market. Creating recognizable added value for the customer is and remains the prime objective of Avesco and all its employees. "

Avesco Group
Avesco operates since 2001 as an independent group of companies.In Switzerland, Avesco is a trading and service company with distinguished brands, a leader in the trading and rental of machinery, with a focus on the construction industry. An important cornerstone is the partnership with Caterpillar, which has been cultivated for more than 85 years. Avesco is also excellently positioned in power generation plants and offers a wide range of industrial trucks. Avesco Customer Service is the leader in serving industries. The Group is also represented internationally and, with its subsidiaries in the Baltic States and Austria, occupies strong market positions.