Raute Corporation announced on 16 August 2024 that the company has decided to merge its wholly owned subsidiary Hiottu Oy into Raute Corporation. The background for the merger decision was to simplify the Group structure to increase business efficiency.
As planned, Hiottu Oy has merged into Raute Corporation on 31 December 2024.
Raute is a technology and service company that operates worldwide. Its technologies cover different production processes with supporting digital and analytics solutions for engineered wood products.
