The roots of Oras Invest are in the faucet company Oras, founded in 1945. Currently, Oras Invest owns 100% of Oras Group and is the largest owner of Kemira with a 23% stake, the largest owner of Valmet with a 10% ownership share and the largest owner of Georg Fischer with a 5% stake. Oras Invest actively looks for opportunities for new ownerships. Our focus is on industrial companies.
Oras Group is a significant European provider of sanitary fittings: the market leader in the Nordic countries and strongly positioned in many other European regions. The Group has two strong brands, Oras and Hansa. Oras Group was founded by Erkki Paasikivi in 1945.
Oras Invest Executive Chair of the Board of Directors Annika Paasikivi is the Chair of Oras Group Nomination Board and CFO Joonas Sandholm is a member of the Oras Group Board of Directors.
Kemira is a global leader in sustainable chemical solutions for water intensive industries. The company’s focus is on pulp & paper and water treatment. Kemira shares are listed on the Nasdaq Helsinki Ltd. In 2007, Oras Invest acquired a significant stake in Kemira and since 2008 it has been the largest shareholder in the company.
Oras Invest Executive Chair of the Board Annika Paasikivi is the Chair of Kemira Board of Directors since 2025. Chief Investment Officer Ville Kivelä is the Chair of Nomination Board.
Valmet is a leading global developer and supplier of process technologies, automation, and services for the pulp, paper and energy industries. The company is organized around five business lines: Services, Flow Control, Automation Systems, Pulp and Energy, and Paper. Valmet shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland. Oras Invest is the largest owner of the company with a 10 percent ownership stake.
Oras Invest Executive Chair of the Board Annika Paasikivi is the Vice Chair of the Board of Directors of Valmet since 2025.
Georg Fischer is an industrial group providing products and solutions that enable the safe transport of liquids and gases as well as lightweight casting components. GF’s three divisions are among global leaders in their respective segments: GF Piping Systems, GF Building Flow Solutions and GF Casting Solutions. GF’s shares are listed on the SIX Swiss Exchange. The company is headquartered in Schaffhausen, Switzerland. Oras Invest is the largest owner of the company with a 5% ownership.
Oras Invest Executive Chair of the Board Annika Paasikivi has been a member of the Board of Georg Fischer since 2024.