On 1 February 2017, Lassila & Tikanoja plc acquired the shares of Oulun Viemärihuolto Oy. The company's turnover is approximately EUR 2.4 million.
Oulun Viemärihuolto Oy is a family business with more than 50 years of experience in sewer maintenance and industrial cleaning. The company provides sewer maintenance and process cleaning services for households and large industrial facilities.
“We are thrilled to include the strong local expertise and experience of Oulun Viemärihuolto in our services. The acquisition is part of L&T’s strategic geographical expansion and more comprehensive coverage in Northern Finland. Now, we will be able to offer sewer maintenance and process cleaning services for our customers in the Oulu region,” says Antti Tervo, Vice President of Industrial Services at L&T.
“The sale will not bring any major changes to customers. Work will continue as normal. L&T is a reliable partner, and the customers will benefit from more diverse services,” says Pentti Laukkanen, Chair of the Board at Oulun Viemärihuolto.
After the acquisition, the employees of Oulun Viemärihuolto as well as Pentti Laukkanen, one of the owners, will be transferred to L&T.
Antti Tervo, Vice President, L&T, tel. +358 (0)50 349 3702
Pentti Laukkanen, Chair of the Board, Oulun Viemärihuolto, tel. +358 (0)44 751 8333