Meriaura Group: Energy offering expands with acquisition
By Pauli Lohi
Meriaura Group expanded its renewable energy capabilities by acquiring Rasol, a supplier of photovoltaic systems. We consider the acquisition to be reasonably priced. The acquisition will support near-term earnings prospects and provide additional opportunities for long-term value creation. As part of the Meriaura Group, Rasol will have better resources to implement larger energy projects.
Summa Defence is a Finnish defence and security technology group. The group provides strategic support and resources to companies in the sector, focusing on technologies related to situational awareness, mobility and protection, which benefit both civilian, security and defence sectors. The goal is to improve Finland's and Europe's overall security, security of supply and crisis management capabilities. Summa Defence is headquartered in Helsinki.
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