# Peikko Group to acquire Kemecweld Oy

Peikko Group Corporation has agreed to acquire 100% of Kemecweld Oy, a Finnish welding automation technology provider based in Lahti. The transaction will close on January 1, 2022, and Kemecweld's team will form a new Peikko Technology Center.

- Type: Acquisition
- Announced: 2021-12-02
- Where: Lahti, Finland
- Status: announced
- Products: welding automation solutions, manufacturing technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Peikko Group](https://endata.com/companies/24781.md) (acquirer)
- [Kemecweld Oy](https://endata.com/companies/59387.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/peikko-group-corporation/r/peikko-to-acquire-kemecweld--welding-automation-technology-provider,c3464739), 2021-12-02: "Peikko Group Corporation has agreed to acquire 100% ownership of Kemecweld Oy, a Finnish company providing manufacturing technology and various welding automation solutions."

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