Purmo Group Ltd (“Purmo Group”) and Virala Acquisition Company Plc. (“VAC”) have today agreed to combine Purmo Group with VAC and to list the new combined company on the official list of Nasdaq Helsinki upon completion of the merger.

Dieter continues establishing a world-class ICT business support structure for Purmo Group

With the new Figuresse line of designer bathroom radiators, Purmo Group is taking a step closer to the very design-oriented customer.

Purmo Group has signed an agreement to acquire 51% of the shares of a radiator factory owned by Bosch in Engels, Russia. Bosch will continue to own 49% of the factory. After the transaction, the factory will produce radiators for both owner companies, based on annually agreed volumes.

Purmo Group has appointed MSc (Ind. Eng.) and BSc (Econ.) Erik Hedin (born 1977) as the new Chief Financial Officer (CFO) of the company. He will start in his new role on the 12th of August, 2020.

Purmo Group’s Board of Directors has appointed John Peter Leesi (born 1961) as the new Chief Executive Officer of Purmo Group. He will start in his new role on 1 July 2020 and report to Tomas von Rettig, Chairman of the Board of Purmo Group.

In light of recent events surrounding the global COVID-19 situation, we at Purmo Group want to inform all our stakeholders of the preventive measures we have taken.

HVAC industry leader Purmo Group, in collaboration with European experts and universities, has conducted a comprehensive European study on deep renovation in different European climate areas.

At Purmo Group, we have now outlined a new commercial brand strategy for our brands. With the new commercial brand strategy, we unite our commercial brands around one shared vision and the same distinct visual identity.

Rettig ICC is renewing itself to be able to deliver world class indoor climate comfort products and solutions to its customers and end-users globally.

The Ventilation radiator is an outdoor air intake device for mechanical exhaust ventilation systems. It allows the supply of air to be filtered and heated and brought to the room without any draft or noise.

Rettig ICC has opened a new, state-of-the-art factory in Yangzhou, Jiangsu province in China.

Rettig ICC Ltd has signed an agreement to acquire the Decorative Steel Tubular business of Quinn Radiators Ltd.

I am delighted to announce that Tero Puukko will join Rettig ICC at the start of September in the role of Chief Information Officer and will be part of the Rettig ICC Leadership Team.

I am delighted to announce that Anu Tuomola will join Rettig ICC at the start of September in the role of Chief Legal Officer.

I am pleased to announce that Tapio Arimo will join Rettig ICC in the role of Chief Financial Officer (CFO) latest on May 13, 2019.

I am delighted to announce that Urs Pennanen will join Rettig ICC at the start of December in the role of Regional Managing Director for Region East.

Rettig ICC Ltd and Midway Holding AB have signed an agreement for Rettig ICC to purchase 100 per cent of Sigarth AB. The transaction is expected to close at the end of November.

In April, Rettig Group announced plans for an internal reorganization for Rettig ICC and its direct and indirect subsidiaries.

Martti Ala-Härkönen (b. 1965), Tapio Kolunsarka (b. 1975) and Pekka Kuusniemi (b. 1968) have been appointed as new members of the Board of Rettig ICC, a wholly-owned portfolio company of Rettig Group.

I am delighted to confirm that we will appoint a new Director of Strategy and Business Development for Rettig ICC, Elina Niemelä.