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
Oras Invest 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. Ville Kivelä has extensive experience in investment banking operations and […]