2021
- Flowrox Oy’s brand, pump and valve businesses sold to Neles Oyj. Flowrox brand became property of Neles Oyj.
- The company name changed from Flowrox Oy to Roxia Oy.
- Timo Vartiainen, Heikki Kupias, Petteri Vartiainen, Pietari Kupias and Matias Aaltonen continue in their roles in Roxia Oy’s Board of Directors. Additional board members outside the family were Matti Tarvainen and Mikko Hirvensalo
- Roxia Oy’s turnover was 46 M€.
2022
Operations and Organization
- Roxia’s headquarters is located on the LUT University campus in Skinnarila, Lappeenranta.
- The service and spare parts center in Myllymäki also includes a laboratory for test filtration and environmental technologies.
- The company maintains additional facilities in Tornio, Keminmaa, and Vantaa. The first tower presses are manufactured in the Karhula Industrial Park.
- Capillary Oy purchases land next to Lappeenranta Airport to build new facilities for Roxia and bring all Lappeenranta‑based personnel together.
- Pietari Kupias becomes Managing Director and Petteri Vartiainen becomes Chairman of the Board of Capillary Oy.
International Expansion and Strategic Actions
- Roxia operates nine foreign subsidiaries in Australia, Chile, South Africa, China, Peru, Sweden, Germany, Russia, and the United States.
- The company acquires 50% of the German filter manufacturer Aquachem and launches the Tower Press TP 16 filter as part of its expanding product portfolio.
- Due to the war in Ukraine, Roxia closes its Moscow subsidiary, while simultaneously strengthening its global presence by establishing a new subsidiary in the United Arab Emirates
Chairman of the Board Timo Vartiainen, CEO Matti Riihimäki, and Chief Technology Officer Jukka Koskela in Roxia’s test facilities.