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Adea Business Acquisition

We are pleased to announce that Adea Oy has acquired the business of Wilma Kaluste Finlandia Oy and will continue to manufacture their high quality products under the SHAPES brand…. Lue lisää »

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Adea Business Acquisition

We are pleased to announce that Adea Oy has acquired the business of Wilma Kaluste Finlandia Oy and will continue to manufacture their high quality products under the SHAPES brand.

The employees of Wilma Kaluste Finlandia Oy will become employees of Adea Oy and the terms of their employment will not change.

The change of ownership took place 31.12.2017.

This business acquisition strengthens Adea’s growth strategy with more production capacity and larger premises for manufacturing Adea products.

“Adea and Wilma Kaluste Finlandia have been operating in the same premises since 2003. We have always had a great partnership, for example by sharing the fabric cutting machinery. Adea needed more space and production capacity and once the opportunity arose to acquire the business of reputable company with high quality products we had to act. This will be a major step in developing our business further. Päivi and Matti have pledged to help make the transition as smooth as possible under the transition period.” says Adea CEO Esa Mäkitalo

“This felt like the right time to step aside. We have had a long and successful partnership with Adea in the past. It is easy to leave the manufacturing and sales of SHAPES products in the capable hands of Adea. We can trust that the quality of products will remain at a highest level and that the SHAPES brand will be developed further.We wish to thank all of our customers, suppliers and all other stakeholders for warm cooperation.” say Päivi Perälä-Viljanmaa and Matti Viljanmaa.