Bevenic Group Oy seeks to expand in line with its strategy by inorganic as well as organic means. To this end, the company signed an agreement on 26 September 2022
to acquire the shares of Oplatek Group Oy, a manufacturer of photonics solutions.
The acquisition complements and expands Bevenic Group’s service offering to its existing customers and creates opportunities for new customer relationships. The businesses will benefit from synergies in manufacturing processes and customer relationship management. The merger will make the company a unique player in the market and enable it to reach the position of “value-added partner” in its customer relationships more quickly.
Bevenic Group is an innovative group of companies that works as a strategic partner to its customers, developing, preparing and providing services that the customer needs throughout the life cycle of each product.
Oplatek Group Oy is the leading Finnish solution provider in the field of photonics, with almost 40 years of experience. The company designs and manufactures demanding optic, fibre-optic and optomechanical products for industrial applications. Oplatek also offers its customers a diverse range of services, from product development to testing, production and quality management.
“Oplatek Group will support and expand Bevenic Group’s offering. Oplatek is a recognised and leading manufacturer and service provider in the field of photonics. As a well-managed and organised company, Oplatek will fit right in with the other units in Bevenic Group,” says Jukka Rautiainen, the CEO of Bevenic Group, describing the new partnership.
“I believe that this acquisition will further strengthen our position in the market, which we have been building up for almost 40 years. Bevenic Group will be a good home for Oplatek,” says Jori Waissi, the Chair of Oplatek Group’s Board of Directors and owner of the company
“We are happy to become part of Bevenic Group. The merger will expand Oplatek Group’s contact surface to new customer relationships and provide opportunities to offer a diverse range of services to existing customers. We look forward to working together, and we believe that we will fit in seamlessly with the new group,” says Jyrki Huttunen, the CEO of Oplatek Group.
Jukka Rautiainen 040 521 6050
Bevenic Group provides its customers with innovative and high-quality design and contract manufacturing. Bevenic Group’s companies – Bevenic Heatterm Oy, Bevenic Elektropoint Oy, Bevenic Combinent Oy and Bevenic
Avatron Oy – reliably and flexibly provide customer-specific products and services for various sectors of industry. The Group has net sales of approximately EUR 25 million, 100 personnel, and operations in five locations: Loviisa, Porvoo, Vantaa, Hollola and Kuopio.
Oplatek Group Oy designs and manufactures demanding optic, fibre-optic and optomechanical products for industrial applications. Oplatek offers its customers a diverse range of services, from product development to testing, production and quality management. The company has more than 100 satisfied customers annually from industries such as the measuring instrument and laser manufacturing sectors. Almost 50 per cent of the company’s net sales come from direct exports, with 90 per cent ultimately sold in international markets by customers. Oplatek is the leading player in Finland and among the leading companies designing and manufacturing industrial optics in Scandinavia. The company is the only commercial entity in Finland with the capability to produce specialty optical fibre on an industrial scale.