Sweco has acquired the entire share capital of Teollisuuden Vesi Oy, a Finnish water treatment specialist with about 20 employees. The acquisition strengthens Sweco's water treatment expertise for industrial and energy sector clients.

Norwegian wool clothing specialist Aclima acquired Sukkamestarit Oy, Finland's largest sock manufacturer. The combined businesses will generate annual turnover of roughly €50 million and employ over 180 people. Manufacturing will remain in Ylöjärvi, Finland.

Binderholz completed the acquisition of the Kuhmo sawmill in Finland, which saws about 500,000 m3 of lumber a year and employs 180 people. The deal doubles Binderholz's Nordic sawlog intake to 2 million m3.

Metso signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, with aftermarket parts and service capabilities, from Valmet. The transaction value is undisclosed and closing is expected on October 1, 2026.

Jouka Oy agreed to sell its metal stamping subcontracting business to Männistö Oy Metallituote, effective 1 August 2026, to focus on its own valve business. Männistö will serve the transferred customers.

Duni Group of Sweden is acquiring 80% of LinePack Oy, a Finnish company that designs, equips, installs and services automated packaging solutions for the food industry. LinePack has annual revenue of about EUR 2 million and six employees; the deal was announced on June 3, 2025.

Stora Enso has completed its acquisition of Finnish sawmill company Junnikkala Oy for up to EUR 137 million, including performance-based payments. The deal adds about 700,000 cubic metres of sawmilling capacity and supports its Oulu packaging board ramp-up.

Pump Service River Oy acquired the entire share capital of Suomen Jätevesipalvelut Oy effective 1 April 2025, expanding its national pump and wastewater service network in Finland.

Beijer Tech, a subsidiary of Beijer Alma, signed an agreement to acquire the assets of Uudenmaan Painehuolto Oy (UPH), a Finnish compressed air equipment distributor and maintenance company with about EUR 3.3 million annual revenue. Closing is expected in March 2025.

Ringmetall SE agreed with the owner family to acquire all shares of Hutek Oy of Nastola, Finland, a producer of bag-in-box packaging, effective 8 January 2025. Hutek generated revenue of about EUR 4 million last year.

Nomo Group, a Power Transmission Solutions company within Axel Johnson International, is acquiring a majority stake in Finnish seals specialist Top-Osa of Tampere. The deal expands Nomo's sealing offering across the Nordics.

oceansix future paths, through subsidiary Oceansix S.L., bought the business of Finnish reusable packaging firm Original RePack Oy in exchange for shares and a cash payment, with total consideration of about CDN $2.39 million.

Momentum Group signed an agreement to acquire 100 percent of Hydjan Oy, a Helsinki-based specialist in hydraulics and pneumatics for industrial customers in Finland. Hydjan has about EUR 1.2 million in annual sales and six employees.

Korona Fund IV, managed by Korona Invest Oy, completed its acquisition of a majority stake in Fredman Group Oy on April 18, 2024, after Finnish Competition and Consumer Authority approval without conditions. Fredman focuses on kitchen products and food packaging solutions.

One Equity Partners announced completion of its sale of Walki Group Oy to Oji Holdings Corporation. Walki is a packaging manufacturer.

AVS-Yhtiöt Oy and its owners sold AVS-Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors, to Beijer Oy, a subsidiary of Beijer Alma AB. The deal was advised by Avance Attorneys and reported on March 4, 2024.

Beijer Tech, a subsidiary of Beijer Alma, signed an agreement on February 29, 2024 to acquire 100% of AVS Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors based in Espoo. Closing is expected in the first quarter of 2024.

Finnish companies Sammet Dampers Oy and Caligo Industria Oy announced a sister-company merger, with Sammet's assets and liabilities transferred to Caligo Industria, effective March 31, 2024.

BEMAC Corporation, with Mitsui & Co., signed a share purchase agreement to acquire 100% of The Switch Engineering Oy and its group from Yaskawa Europe Holding. The Vaasa, Finland maker produces permanent magnet machines, DC distribution solutions, high-power AC drives and high-speed induction motors. The price was not disclosed.

The European Commission granted unconditional merger clearance for Georg Fischer's voluntary public cash tender offer for all outstanding Uponor shares at EUR 28.50 per share. US antitrust waiting period had already expired, and completion is pending.

Emballator Group agreed to acquire Europak Oy, an Espoo-based maker of blow-moulded plastic canisters with about EUR 8 million turnover; closing is expected on 1 September 2023 and the price was not disclosed.

Aliaxis, through its Finnish subsidiary Unari Holding Oy, announced on 22 May 2023 a voluntary all-cash public tender offer at EUR 25.75 per share for all Uponor shares. The offer is conditional on acceptance above 50 percent and is expected to complete in early Q4 2023.

Uponor signed an agreement to buy the remaining 44.7% stake in its subsidiary Uponor Infra Oy from KWH Group for about €60 million, raising its ownership from 55.3% to 100%. Closing is expected in the third quarter of 2023 after regulatory approvals.

H.B. Fuller has bought the entire share capital of Lemtapes Oy, combining the two companies to expand their product range and services in Europe.

Walki Group completed the acquisition of 100% of the shares of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers serving Nordic food brands. Combined 2021 sales were about EUR 40 million; the price was not disclosed.

Walki Group signed a definitive agreement to acquire 100% of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers with about EUR 40 million combined 2021 sales, subject to competition approval. The price was not disclosed.

Finnish paper-industry equipment maker Valmet completed its merger with valve company Neles on April 1, 2022, creating a combined company with valve and automation operations.

Neles Corporation and Valmet Oyj completed their merger, with trading in the new Valmet shares starting April 1, 2022. The Finnish Financial Supervisory Authority had approved a supplement to the merger prospectus.

AxFlow Holding AB acquired majority ownership of Starline Valves Oy, a Vantaa-based Finnish distributor of valves and actuators. Starline Services S.P.A. of Italy remains a strategic partner and minority owner.

Neles Corporation completed its acquisition of the valve and pump businesses of Finland-based Flowrox on 1 November 2021. The deal adds 110 employees and mining and metals flow-control products to Neles.

Neles signed an asset purchase agreement to acquire the valve and pump businesses of Flowrox, with about EUR 30 million of 2020 sales, for EUR 40.9 million in cash plus up to EUR 3 million earn-out. Closing is estimated for November 2021.

Mayr-Melnhof Karton AG completed its acquisition of Finnish cartonboard and saturating kraft paper maker Kotkamills on 2 August 2021, after regulatory approvals. The deal strengthens MM's virgin-fiber cartonboard position and adds cupstock.

Valmet and Neles signed a combination agreement and merger plan under which Neles will merge into Valmet, creating a company with illustrative 2020 net sales of about EUR 4.3 billion and around 17,000 staff. The combination targets roughly EUR 25 million in annual run-rate synergies.

Finnish valve company Neles Corp signed an asset purchase agreement to acquire the valve and pump businesses of Flowrox. The price was not disclosed.

MB Funds and the management invest in Pyroll Packaging, a Finnish maker of sustainable packaging with nine manufacturing sites, under a transaction signed on 5 May 2021. Pyroll had net sales of 60m EUR in 2020.

MM Group agreed to acquire Kotkamills Group Oyj from its shareholders for an enterprise value of around EUR 425 million. Kotkamills operates a cartonboard mill in Kotka, Finland, and closing is expected by mid-2021.

SPX FLOW entered a combination agreement to launch a recommended public tender offer for all shares of Finland's Uutechnic Group Oyj (UTG Mixing Group) at EUR 0.60 per share in cash. Closing is expected in Q1 2021.

Alfa Laval amended its recommended public cash tender offer for all shares of Finnish valve maker Neles, lowering the minimum acceptance condition to more than 50% and extending the acceptance period. The offer was first announced on 13 July 2020.

Cargotec and Konecranes have signed a combination agreement and merger plan under which Konecranes will be merged into Cargotec. The combined company would have illustrative annual sales of about EUR 7.0 billion.

Valmet proposed to the Neles board on 29 September 2020 to start talks on a statutory merger of the two Finnish companies. Valmet had already built its Neles stake to 29.5%.

Addtech Components, part of the Addtech Group, signed an agreement to acquire all outstanding shares of Fluidcontrol Oy, a Finnish developer of actuators and valve solutions with 20 employees and sales of about EUR 4 million. Closing is expected in early September 2020.

Alfa Laval announced a recommended voluntary public cash tender offer of EUR 11.50 per share for all Neles shares not already held by Neles, valuing Neles' total equity at about EUR 1,727 million. The deal strengthens Alfa Laval's industrial flow control business.

Valmet agreed to buy 22,374,869 shares, or 14.88%, of the future Neles Corporation from Solidium Oy for EUR 179 million paid in cash. The transaction is expected to close on July 1, 2020, after Neles is spun off from Metso.

Sulzer has acquired a 25% stake in Tamturbo Plc, a Finnish maker of oil-free industrial air compressor systems. The two companies had a sales and supply agreement since 2018.

Indutrade AB signed on 6 February 2020 to acquire all shares of Jouka OY, a Ylöjärvi, Finland ball valve manufacturer with about EUR 6.5 million annual sales and 31 employees. The closing took place on 6 February.

Flowplus Oy acquired the restructuring, maintenance and repair business of Oy Lining Ab for pumping stations in Lappeenranta, Finland, through an asset purchase executed on 29 November 2019.

Indutrade has signed an agreement to acquire all shares of Finkova Oy, a Finnish niche valve trading business with annual sales of about EUR 8.5 million, serving the process and boiler industries.

German valve company ARI-Armaturen Group bought all outstanding shares of Hogfors Oy, a Finnish manufacturer of butterfly and ball valves used mainly in district heating and process industries, with Clairfield as exclusive financial advisor.

Danfoss acquired additional shares in Finnish IoT building-energy firm Leanheat, bringing its total ownership to 46 per cent from 23 per cent acquired in 2016. The deal strengthens its building energy optimization offering.

Mondi completed its acquisition of 100% of Powerflute Group Holdings Oy, a division of Nordic Packaging and Container Holdings, for EUR 365 million on an enterprise value basis. The Kuopio mill produces 285,000 tonnes of semi-chemical fluting annually.