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, the largest owner of Georg Fischer with a 5% stake, and the largest owner of Lindab with a 10% ownership share. In addition, Oras Invest has a 3% ownership share in Konecranes. Oras Invest actively looks for opportunities for new ownerships. Our focus is on industrial companies.
Oras Group is a complete bathroom supplier with a strong position in the Nordics and a significant presence in Central Europe. The Group has four strong brands, Oras, HANSA, Gustavsberg, and Vatette. The head office of the company is in Rauma, Finland. Oras Group was founded by Erkki Paasikivi in 1945.
Markus Melkko, President & CEO of Oras Invest, 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 and Oras Invest President & CEO Markus Melkko the Chair of the Nomination Board since 2025.
Georg Fischer (GF) is a Swiss industrial group that provides solutions for the transport of liquids and gases in buildings, industry, and infrastructure. GF’s shares are listed on the SIX Swiss Exchange. The company is headquartered in Schaffhausen, Switzerland. Oras Invest is the largest industrial 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.
Lindab Group is a leading ventilation company, offering solutions for energy-efficient ventilation and a healthy indoor climate in Europe. In northern Europe, Lindab Group also has an extensive range of roof, wall and rainwater systems. Lindab Group’s product and system solutions are offered out of two business areas: Ventilation Systems and Profile Systems. Lindab Group’s share is listed on Nasdaq Stockholm and the head office of the company is in Grevie, Sweden. Oras Invest is the largest owner of the company with a 10% ownership stake.
Oras Invest President & CEO Markus Melkko has been a member of Lindab Nomination Committee since 2025.
Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. Konecranes’ business is divided into three Business areas: Industrial Service, Industrial Equipment, and Port Solutions. Konecranes’ shares are listed on Nasdaq Helsinki, and the company is headquartered in Hyvinkää, Finland. Oras Invest is the second-largest owner of the company, with a 3% ownership stake.
Annika Paasikivi, Executive Chair of the Board of Oras Invest, has been a member of Konecranes Nomination Board since 2025.