Oras Invest’s year 2021: Positive year despite the challenging external environment

Oras Invest’s year 2021 was a year of positive development for Oras Invest companies. The demand for the products of Oras Invest companies accelerated despite the many challenges caused by the external environment. “The continuing pandemic circumstances, supply shortages, rising inflation and tensions in geopolitics did not discourage Oras Invest companies from doing their utmost […]

Oras Invest’s year 2020: Strong development in exceptional conditions

Oras Invest’s year 2020 was remarkable in many ways. The uncertainty due to COVID-19 pandemic complicated the businesses and made Oras Invest and its companies prepare for the worst in the beginning of the year. In terms of financial results, however, Oras Invest companies performed well during the year. “Some industries suffered more than others […]

Oras Invest has agreed to sell its Tikkurila shareholding directly to PPG

Oras Invest has signed an agreement to sell its 20.01 per cent shareholding in Tikkurila directly to PPG for EUR 34.00 per share. Oras Invest’s decision provides increased overall deal security and a significantly higher price that will be offered to all Tikkurila shareholders by PPG in the public tender offer. “Tikkurila is a great […]

Oras Invest considers the tender offer by PPG to be favourable for Tikkurila’s long-term growth prospects, and as the largest owner of Tikkurila is committed to accepting the tender offer

Today, the Board of Directors of Tikkurila has announced its recommendation to the shareholders to accept the tender offer for all shares in the company by PPG. As the largest owner of Tikkurila with a shareholding of 20.01 per cent, Oras Invest considers the offer favourable for Tikkurila’s growth prospects and stakeholders. Oras Invest has […]

Oras Invest’s Year 2019: Stable and forward-looking ownership

In 2019, Oras Invest focused on supporting the long-term strategic development of its four industrial companies, Oras Group, Uponor, Kemira, and Tikkurila. During the year, Oras Invest increased its ownership in Kemira by 2%-points to over 20%. In 2019, the combined net sales of the owned companies totalled EUR 4.6 billion and they employed approximately […]

Oras Invest’s Year 2018: Building stronger ownership

In 2018, Oras Invest continued focusing on supporting the long-term strategic development of its four industrial companies, Oras Group, Uponor, Kemira and Tikkurila. Before the year-end, Oras Invest increased its ownership in Uponor by 2% points to a total of 24.6%. The combined net sales of the owned companies totalled EUR 4.6 billion and they […]

Ville Kivelä appointed Chief Investment Officer of Oras Invest Ltd

Oras Invest Ltd strengthens its operative organization and has appointed M.Sc. (Econ.) Ville Kivelä (43) as Chief Investment Officer, effective September 1, 2018. Ville Kivelä becomes a member of the Oras Invest executive committee and he reports to Annika Paasikivi, President and CEO of Oras Invest Ltd. Ville Kivelä has extensive experience in investment banking […]