Lounea Palvelut Oy Oulaisten Kuitu Oy
Lounea Oy acquires the shares of Oulaisten Kuitu Oy - Neuvoa advisor to the buyer
We had once again the pleasure of supporting Lounea, one of Finland’s largest fibre optic operators, as its subsidiary Lounea Palvelut acquired the entire share capital of Oulaisten Kuitu Oy. Through this acquisition, Lounea significantly strengthens its position in the fibre optic market in Northern Ostrobothnia, marking a natural step in the company’s growth strategy.
Juha Häkämies, CEO of Lounea Palvelut, highlights the strategic importance of the transaction:
“The acquisition of Oulaisten Kuitu reinforces Lounea’s presence in the vibrant region of Northern Ostrobothnia. As a technology leader, our aim is to integrate smaller local networks into larger regional networks that better serve both residents and businesses. We are committed to developing futureproof digital infrastructure and supporting local competitiveness.”
Päivi Keisanen, Mayor of Oulainen, sees clear benefits for the local community:
“We are pleased to have found a domestic and reliable partner capable of developing the fibre optic network efficiently and sustainably, and of offering high-quality and competitive services for the people of Oulainen. Lounea’s expertise and investment capabilities ensure that the fibre network will stay at the forefront of technological development.”
Following the acquisition, Lounea Palvelut will gradually develop and modernise the Oulainen fibre optic network, enabling speeds of up to 10–50 Gbit/s and introducing new services to the region, such as cable TV and advanced Wi-Fi solutions. Oulaisten Kuitu Oy will continue its operations as a subsidiary of Lounea Palvelut Oy starting from 3 July 2025.
More information from Lounea’s press release.