# Vestelli Oy acquires Avalon Nordic Oy to expand water treatment business

Vestelli Oy, part of Operon Group, has acquired all shares of Avalon Nordic Oy. The acquisition strengthens Operon Group's water treatment solutions for sparsely populated areas in Finland.

- Type: Acquisition
- Announced: 2024-12-02
- Where: Finland
- Status: completed
- Products: wastewater treatment systems
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Operon Group Oy](https://endata.com/companies/41245.md) (investor)
- [Operon Group Oy](https://endata.com/companies/41245.md) (partner)
- [Vestelli Group Oy](https://endata.com/companies/63219.md) (acquirer)
- [Avalon Nordic Oy](https://endata.com/companies/81659.md) (target)
- [Auroora Yhtiöt](https://endata.com/companies/81755.md) (partner)

## Sources

- [operongroup.fi](https://operongroup.fi/uutiset/operonin-vedenkasittelyliiketoiminta-laajentuu-yritysostolla-avalon-nordic-oy-osaksi-vestellia/), 2024-12-10: "Vestellin ja Avalonin Nordicin yhdistyminen luo asiakkaillemme kattavimman vaihtoehdon ja johtavan kokonaisratkaisutoimittajan haja-asutusalueiden jätevesijärjestelmissä Suomen markkinoilla."
- [vestelli.fi](https://www.vestelli.fi/blog/2024/12/11/vestelli-tiedote-vestelli-ostaa-avalonin/), 2024-12-11: "Vestelli Oy on ostanut Avalon Nordic Oy:n koko osakekannan."
- [avalonnordic.se](https://avalonnordic.se/portfolio/avalon-nordic-oy-blir-en-del-av-vestelli-och-auroora-yhtiot/), 2024-12-13: "Genom att slå samman sina krafter bildar Vestelli och Avalon Nordic den mest heltäckande och ledande leverantören av helhetslösningar för avloppssystem på glesbygdsområden på den finländska marknaden."

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