# Tasowheel merges three subsidiaries into Tasowheel Oy

Tasowheel Gears, Tasowheel Tikka and Tasowheel Systems merged into Tasowheel Oy on January 11, 2023, with no layoffs among the 135 employees. The merger is aimed at synergy and growth, not cost savings.

- Type: Acquisition
- Announced: 2023-01-11
- Where: Tikkakoski, Finland
- Status: completed
- Products: gears, technical products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tasowheel](https://endata.com/companies/67812.md)

## Sources

- [tasowheel.fi](https://www.tasowheel.fi/2023/01/tasowheel-companies-join-forces-with-no-layoffs-we-believe-in-a-bright-industrial-future/), 2023-01-11: "We are merging our subsidiaries to generate growth and improve staff wellbeing."

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