Virala Group is a traditional family-owned industrial company founded in 1977, in Finland. Virala Oy Ab is the parent company of Virala Group, and it has operating subsidiaries in Finland, Sweden and the USA. Independent subsidiary Nidoco AB operates in Sweden. For more than 20 years, Virala Group has built a decentralized, family-owned industrial group focused on strategic ownership that will endure, grow and develop from one generation to the next. Virala Group's strategy is to produce long-term value creation for its ownerships in good co-operation with other owners. Virala has accumulated extensive experience of owning both listed and unlisted companies as well as special expertise in developing such companies through its active ownership strategy. Key examples of companies owned and developed by Virala Group together with other principal owners include Fiskars Corporation, YIT Corporation, Ahlstrom-Munksjö Oyj and Oral Hammaslääkärit Plc. Additionally, Virala has long experience, both directly as well as indirectly through its subsidiaries, from participating in the planning and execution of several high-profile corporate transactions. Virala Group’s holdings also include private equity funds, in which the Group acts as an active owner with significant shareholdings.