Our companies

Oras Invest Companies

Our companies

Oras Invest Companies

Our core

Oras Invest focuses on industrial companies

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 the publicly listed companies Uponor and Kemira. In addition, Oras Invest acquired a 5% stake in Valmet in 2022 and is the second largest owner of the company. Oras Invest actively looks for opportunities for new ownerships. Our focus is on industrial companies.

Oras Invest Companies

Oras Group

Oras Invest ownership:

100%

Oras Group is a significant European provider of sanitary fittings: the market leader in the Nordics and a leading company in Continental Europe. The Group has two strong brands, Oras and Hansa. Oras Group was founded by Erkki Paasikivi in 1945.

Oras Invest President & CEO Annika Paasikivi is the Chairman of Oras Group Nomination Board.

Net Sales 2022
EUR 244M
Employees
1,271
Industry
Faucets

Uponor

Oras Invest ownership:

26%

Uponor is rethinking water for future generations. The company’s offering, including safe drinking water delivery, energy-efficient radiant heating and cooling and reliable infrastructure, enables a more sustainable living environment. Uponor shares are listed on the Nasdaq Helsinki Ltd. Oras Invest has been the largest owner in Uponor since 1999.

Oras Invest President & CEO Annika Paasikivi is the Chair of Uponor Board of Directors. Chief Investment Officer Ville Kivelä is the Chairman of Nomination Board.

Net Sales 2022
EUR 1,386M
Employees
4,214
Industry
Building Technology

Kemira

Oras Invest ownership:

22%

Kemira is a global leader in sustainable chemical solutions for water intensive industries. The company’s focus is on pulp & paper, water treatment and oil & gas. 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 President & CEO Annika Paasikivi is the Vice Chairman of Kemira Board of Directors. Chief Investment Officer Ville Kivelä is the Chairman of Nomination Board.

Net sales 2022
EUR 3,570M
Employees
4,936
Industry
Chemicals

Valmet

Oras Invest ownership:

5%

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. Valmet 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. In 2022, Oras Invest acquired a 5 percent ownership stake in Valmet and is the second largest owner of the company.

Oras Invest Chairman of the Board Jari Paasikivi is a member of Valmet Nomination Board.

Net sales 2022
EUR 5,074M
Employees
16,554
Industry
Industrial products and services

Oras Group

Oras Invest ownership:

100%

Net Sales 2022
EUR 244M
Employees
1,271
Industry
Faucets

Uponor

Oras Invest ownership:

26%

Net Sales 2022
EUR 1,386M
Employees
4,214
Industry
Building Technology

Kemira

Oras Invest ownership:

22%

Net sales 2022
EUR 3,570M
Employees
4,936
Industry
Chemicals

Valmet

Oras Invest ownership:

5%

Net sales 2022
EUR 5,074M
Employees
16,554
Industry
Industrial products and services