Miston Oy, an Espoo Finland based family business, acquires majority share of Oliotalo Oy

Oliotalo Oy was founded in 2002. It specializes in intelligent remote condition monitoring systems, including a full-scale industrial strength monitoring back-end and a web based user interface. Applications of Oliotalo’s ORM-technology can be found in a wide range of industries, including wind turbines, fork lift fleets and other machine-to-machine applications. With Oliotalo’s range of solutions, customers can monitor, collect and process vital information, enabling remote condition monitoring, pre-emptive maintenance and subsequently lower lifecycle costs and increased reliability. In addition, Oliotalo provides OEM engineering services of embedded systems. Most of Oliotalo’s production goes to exports.
 
”With the investment from Miston Oy, Oliotalo Oy gets a significant boost in our growth and internationalization efforts.” explains Kaius Häggblom, founder of Oliotalo Oy.

Miston Oy is a family owned business with a long history in entrepreneurship. Miston actively invests in high growth Finnish technology companies.

Caption:

Oliotalo Remote Monitoring - technology. © Oliotalo Oy

For more information, please contact:

Kaius Häggblom
Managing Director, Oliotalo Oy
+358 40 7000622, kaius.haggblom@oliotalo.fi
www.oliotalo.fi

Timo Tammisto
Managing Director, Miston Oy
+358 40 8383 473, timo.tammisto@miston.fi
www.miston.fi