Neuvoa Advisors

Lounea Oy Kalajoen Kuitu Oy

Lounea Oy acquires the shares of Kalajoen Kuitu Oy - Neuvoa advisor to the buyre

We were once again able to support Lounea, one of Finland’s largest fiber-optic network operators, as the group’s subsidiary Lounea Palvelut acquired the entire share capital of Kalajoen Kuitu Oy. With this transaction, Lounea significantly strengthens its position in the fiber-optic market of Northern Ostrobothnia, making it a natural part of Lounea’s expansion strategy.

Juha Häkämies, CEO of Lounea Palvelut, states that this significant acquisition further reinforces Lounea’s position as a leading domestic provider of fiber-optic networks: “It is of paramount importance for us to offer our customers top-notch service and ensure smooth digital operations throughout Finland. The residents, businesses, and tourists in Kalajoki will now have access to the most advanced and reliable telecommunications connections. This acquisition is part of Lounea’s ongoing commitment to developing Finland’s digital infrastructure, with the goal of providing high-quality and diverse services to an even broader customer base.”

“From the city’s development perspective, fiber was needed, and without municipal investment, it would not be available to the extent it is now. Operating a business in competitive markets is not the core function of the city, so selling after the service launch is a natural solution. A reliable partner was found in Lounea, which, as a domestic and responsible operator, continues to develop the digital infrastructure and invest in local customer satisfaction and high-quality services, explains Jukka Puoskari, Mayor of Kalajoki.

For more information about the transaction, refer to the press release:

Lounean tiedote