Juho Toratti has also written about L&T’s demerger. 
Lassila & Tikanoja’s partial demerger seems like a sensible and justified strategic move. The Circular Economy business, formed at the beginning of 2025 from the company’s former Environmental Services and Industrial Services segments, is a growing and profitable entity. In contrast, the Facility Services business, formed from the Finnish and Swedish facility services, has in recent years remained stagnant or declined, driven primarily by challenges in the Swedish market.