Terveystalo acquires Silmäasema

Type of deal: Sale of shares

Deal size: €574m

Sector: Healthcare

Terveystalo Plc has signed a share purchase agreement to acquire Silmäasema Oy, the leading vision and eye health company in Finland, for approximately €574 million, the companies announced Monday. The transaction combines Terveystalo’s healthcare services with Silmäasema’s integrated eye care and optical retail network, creating a market leader in Finland’s growing eye care market. The combined company would serve about 2 million customers annually and generate approximately €1.55 billion in revenue based on 2025 financial figures. Under the agreement, Terveystalo will pay an initial cash payment of €275 million and issue 36.5 million new shares valued at €8.20 per share, based on the company’s closing price June 5. Upon completion, Coronaria Oy, Silmäasema’s main seller alongside institutional shareholders and management, will become Terveystalo’s largest shareholder with approximately 15.1% of outstanding shares and voting rights.

Object of sale: Silmäasema Oy

Seller: Coronaria Oy

Buyer: Terveystalo Oyj

Deal announcement date: 8 June 2026

PwC's role: We supported Coronaria Oy through the provision of due diligence services, comprising financial and tax due diligence on Terveystalo Oyj, in connection with the sale of Silmäasema Oy.

Press release