Here is an interesting comment to share here. It is in Finnish, but sure some translator can translate it.
In short, one of Harvia’s biggest competitors was sold to the United States. Analyst @rauli.juva thinks that the deal could increase competition in the US, although he mentions that both companies have managed to grow well in the US market in recent years. The transaction price (EV/EBIT multiple of 14x) is approximately same as Harvia’s valuation for this year.