Finland-based shipowner Meriaura announces that the merger between Meriaura Group Plc, the parent company of Meriaura Oy, and Summa Defence Oy, which integrates companies within the defense and security sectors was finalized on June 9, 2025.

In this transaction, Meriaura Group Plc acquired the entire share capital of Summa Defence Oy through a share exchange, and the company’s name changed to Summa Defence Plc with Jussi Holopainen being appointed as the new CEO of the company starting from June 9.

In connection with the above-mentioned share transaction, Meriaura Group Plc sold its shares in Meriaura Oy to Meriaura Invest Oy, returning the shipping company Meriaura Oy to family ownership under Meriaura Invest Oy’s 100% ownership.

The arrangement does not cause changes to Meriaura Oy’s operations and does not affect Meriaura’s personnel, as the company informs in its statement.

“Returning to family ownership strengthens us in terms of operational and financial efficiency and clarifies funding. We can now even better focus on core operations and advancing selected strategies, such as promoting emission-free shipping and fleet renewal. Being part of a listed company provided us with valuable insights and experience. Now we combine the agility of a family business with the good governance practices inherited from a listed company,” says Beppe Rosin, CEO of Meriaura.