Harvia Oyj (HLSE:HARVIA) will look for acquisitions. Matias Jarnefelt, CEO said "Market is also fairly fragmented still, so our assumption is that in the coming years, there will be significant kind of number of acquisitions taking place. And of course, from our point of view, we want to be part of that action and be active consolidators, essentially, to make sure that over time, we are, for sure, one of the winners in the long term also in this business.

We are looking at a number of different types of opportunities. One, of course, supporting our growth in the overseas markets, that is outside Europe. So looking at, for example, what are the opportunities for us to strengthen our footprint in North America as well as Asia.

Our business generally is still delivered very much towards the so-called traditional saunas, Scandinavian or Finnish sauna, and we are relatively weaker in infrared and steam in terms of our market presence, so those are, of course, also areas where we are looking at opportunities to accelerate our plans through acquisitions".