Lotus Demolition

Name

Lotus Demolition

Legal name

Lotus Demolition Oy

Website

https://lotusdemolition.fi

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Demolition Services

NAICS

Remediation and Other Waste Management Services (5629), Remediation Services (562910), Other Nonhazardous Waste Treatment and Disposal (562219), Waste Management and Remediation Services (562)

SIC

Refuse Systems (4953), Sanitary Services (4950), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Demolition (Structural, Selective/Interior) (IMAFAKAK)

akta.pro secondary industries

Demolition & Selective Tear-Out for Hazardous Materials (BPALALAF), Decontamination & Demolition (Decommissioning, Industrial Facility Cleanup) (EUAIALAL), Concrete & Asphalt Recycling (RCA/RAP) (BPALAJAD), Construction Cleanup (Post-Construction/Final Clean) (IMAIADAJ)

Keywords

• Industrial demolition services
• Asbestos removal services
• Building demolition services
• Construction surveys inspections
• Demolition waste recycling

Headquarters

HQ city

Vantaa

HQ country

Finland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Demolition Services: Project-based demolition services including building demolition, industrial demolition, renovation demolition, and single-family house demolition. Revenue generated through contracts for specific demolition projects.
2. Asbestos and Hazardous Materials Removal: Specialized asbestos and hazardous material removal services requiring certifications and permits. Often performed as separate contracts or part of larger demolition projects.
3. Inspections and Surveys: Pre-demolition audits, asbestos surveys, moisture surveys, structural surveys, and indoor air quality inspections provided as standalone or bundled services.
4. Second Hand Equipment Resale: Resale of equipment and machinery from decommissioned industrial facilities, finding new homes globally for industrial equipment and machinery.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Lotus Demolition provides comprehensive demolition, site preparation, and recycling services across Finland and internationally. Offerings include industrial, commercial, and residential demolition, asbestos and hazardous material removal, pre-demolition surveys and inspections, and resale of second-hand industrial equipment recovered from decommissioned sites. Services are delivered through project-based contracts nationwide in Finland, supported by in-house real-time project monitoring (LotusExtra) and carbon footprint measurement.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Demolition
• Building and Property Demolition
• Renovation Demolition
• Pipe Renovation Demolition
• Single-Family and Small House Demolition
• Asbestos and Hazardous Material Removal
• Surveys and Inspections

Quantifiable outcome

• 295,000 tonnes of material demolished annually
• +3 more outcomes

Named customers2 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• CramosupportingImplementation/ SI/ Consulting Partner · 1 May 2024Partnership for safety training including fall protection equipment training and rescue equipment usage training. Cramo provides safety training services tailored to Lotus demolition site requirements.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Skanska AB: One of the largest Nordic/European construction groups with demolition embedded in its infrastructure and commercial project pipeline. Competes on large industrial and infrastructure teardowns but demolition is one of many services rather than a focused specialty.
• Veidekke ASA: Major Scandinavian construction group with demolition and civil engineering operations. Overlaps with Lotus on commercial and infrastructure demolition in Norway/Sweden and competes for similar industrial and government contracts.
• Peab AB: Swedish construction and civil engineering company with in-house demolition and site-preparation capabilities. Comparable Nordic customer base (property developers, municipalities, industrial clients), though demolition is part of a broader portfolio.

Direct peers

• NCC AB: Swedish construction and property development company with significant demolition and site-clearing operations. Comparable across Nordic industrial/commercial demolition, similar customer base (developers, municipalities, industrials), and overlap with Lotus's Nordic footprint.
• Erith Contractors: UK-based specialist demolition contractor handling large industrial, commercial and high-rise teardowns. Comparable in focus on complex industrial demolition, fleet of demolition robots, and ability to execute flagship power-plant/factory-style projects.
• McGee Group: UK specialist demolition contractor with industrial, commercial and high-rise demolition plus asbestos removal services. Comparable in service mix (demolition + hazardous materials + recycling), focus on complex urban sites, and use of demolition robotics.
• Consti Yhtiöt: Finnish renovation and building services group with significant demolition/renovation teardown capabilities. Competes head-to-head with Lotus on Finnish commercial renovation demolition, line-renovation demolition, and hazardous-material stripping.
• Lemminkäinen (part of YIT Corporation): Finnish construction group offering demolition, renovation, and infrastructure services. Direct comparable in the Finnish demolition market, competing for industrial, commercial and residential teardown contracts of similar scope and scale.
• AF Gruppen ASA: Norwegian contractor with a dedicated demolition business line (AF Decom) serving industrial, energy and infrastructure clients. Comparable in scope (heavy industrial demolition, hazardous materials), customer profile, and Nordic geographic reach.

Regional players

• RenoNorden ASA: Nordic waste management and recycling group operating across Norway, Sweden and Finland. Adjacent comparable on the recycling/recovery side of Lotus's demolition value chain (97% recycling rate) and shares similar Nordic industrial customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC1bSwuwakiLRGRql72iAqow
• Facebookfacebook.com/LotusDemolition
• LinkedInlinkedin.com/company/lotus-demolition-oy
• Instagraminstagram.com/lotus_demolition_oy
• TikToktiktok.com/@lotusdemolition

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lotus Demolition