Mehiläinen and Mainio Vire have signed an acquisition whereby Mehiläinen is acquiring full ownership of Mainio Vire Oy. With this merger, Mehiläinen will be an even stronger pioneer of high-quality care services in Finland.
The merger of Mainio Vire with Mehiläinen will result in a significant care services operator in Finland. Mainio Vire provides diversified and high-quality social and care services in more than 100 localities throughout Finland. In 2015, the company had a turnover of 87 million euros and approximately 1,400 employees. The combined turnover of the social services of Mehiläinen and Mainio Vire is more than 200 million euros, with several thousand employees. The partners are linked by strong investments in quality and the customer experience.
“Mainio Vire is well-known for high-quality, humane care services and homes where the residents enjoy living. We are truly pleased to have the services provided by Mainio Vire become part of Mehiläinen’s service offering”, says Janne-Olli Järvenpää, CEO of Mehiläinen.
Homes operated by Mainio Vire offer residential services for the elderly in need of care, independent seniors, people rehabilitating from mental health and substance abuse problems, and the disabled. The service offering also includes home care, emergency phone, and meal and shopping bag services brought home to residents, as well as services relating to mental health and substance abuse rehabilitation.
Leena Munter, CEO of Mainio Vire, highlights stronger investments in quality, through a combination of both companies’ expertise and resources, as the most important aspect in this merger.
“Together we can provide our customers with more alternatives. Also, we will have more resources available for development efforts, with two strong operators and companies sharing a similar value base combining their expertise in social welfare and health care services”, she states.
This acquisition will have no effect on the terms of staff members’ employment relationships or on agreements with customers. The acquisition will require approval from competition authorities. Until then, the companies will continue their operations in the usual manner, as separate entities.