Finnish technology firm Vastuu Group purchased a controlling stake in Data Farm Oy. The Muurame-based company provides ESG reporting solutions for environmental and social responsibility. Vastuu Group aims to build a market-leading sustainability reporting service through this acquisition.
Both companies declined to disclose the purchase price. Data Farm's founding partners Mika Jokirantaja and Juuso Fabritius will remain as minority shareholders. The company employs nine people directly and works with several freelancers.
Data Farm's sustainability reporting tools will integrate into Vastuu Group's service portfolio. This move strengthens Finland's growing ESG technology sector. The consolidation reflects increasing demand for corporate sustainability reporting across Nordic markets.
Small Finnish tech firms often face pressure to merge as competition intensifies. This acquisition provides Data Farm with resources to scale while maintaining its operational independence.