# Karnell acquires majority stake in Rotomon Oy

Karnell has acquired a majority of the shares in Rotomon Oy, a Finnish manufacturer of rainwater, culvert, drainage and cable protection pipes and wastewater treatment systems. The company is based in Kangasniemi, Finland.

- Type: Acquisition
- Announced: 2022-01-11
- Where: Kangasniemi, Finland
- Status: completed
- Products: rainwater pipes, culvert pipes, drainage pipes, cable protection pipes, wastewater treatment systems
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Karnell](https://endata.com/companies/19459.md) (acquirer)
- [Rotomon Oy](https://endata.com/companies/60311.md) (target)
- [Midinvest Oy](https://endata.com/companies/60312.md) (partner)

## Sources

- [karnell.se](https://karnell.se/en/press-releases/karnell-acquires-a-majority-of-rotomon-oy/), 2022-01-12: "We are pleased to welcome the team to Karnell and look forward to working with Antti and Midinvest to continue the development of the business."

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