YEAR ESTABLISHED: 1948
REVENUE: $379.887 million
• Architectural coatings
• Industrial coatings
Pekka Rantamaki, CEO; Lassi Tirkkonen, metal coatings; Kim Smith, industrial wood; Arto Mannonen, architectural coatings; Jari Schneider, technology and purchase
Teknos Group Oy is the leading supplier of industrial coatings in Scandinavia with a strong position in retail and architectural coatings too. Teknos is one of Finland’s largest family-owned businesses. Group companies operate in Scandinavia, Germany, the UK, Poland, Slovenia and Russia, and through a well-established network of agents and representatives in approximately 20 other European countries. The company recently acquired a 40 percent minority share in Manfield Chemical (Changzhou) Co. Ltd. paint factory located in Changzhou, China. Manfield Chemical has been the local contract supplier of industrial coating products for Teknos in China since 2011. The annual capacity of the paint factory in Changzhou is approximately 2,500 tons. The new company operates under the name Manfield Teknos Chemical (Changzhou).