# Kemira sells Operon to newly formed Operon Group, merging with Aquazone and Suomen Ekolannoite

Kemira sold its entire share capital of Kemira Operon to Operon Group Oy, which simultaneously acquired Aquazone and Suomen Ekolannoite. Pikespo Invest is lead investor; Kemira retains 10% ownership. The new company started operations on August 9, 2019.

- Type: Acquisition
- Announced: 2019-08-09
- Where: Finland
- Jobs: 35
- Status: completed
- Products: water treatment plant operation services, sludge treatment services, recycling services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Kemira Oyj](https://endata.com/companies/16014.md) (partner)
- [Operon Group Oy](https://endata.com/companies/41245.md) (acquirer)
- [Kemira Operon](https://endata.com/companies/41246.md) (target)
- [Aquazone](https://endata.com/companies/41247.md) (target)
- [Suomen Ekolannoite](https://endata.com/companies/41248.md) (target)
- [Pikespo Invest](https://endata.com/companies/41249.md) (investor)

## Sources

- [kemira.com](https://www.kemira.com/news-and-stories/newsroom/news/kemira-operon-aquazone-and-suomen-ekolannoite-merge-to-form-operon-group/), 2019-08-09: "Kemira is selling the entire share capital of Kemira Operon (“Operon”), a company providing water treatment plant operation services, to a newly established company called Operon Group Oy."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.