YEAR ESTABLISHED: 1948
REVENUE: $322 million
• Architectural coatings
• Industrial coatings
Paula Salastie, CEO; Lassi Tirkkonen, metal coatings; Tuuka Ryynanen, R&D; Kim Smith, industrial wood; Heli Nurminen, HRD; Arto Mannonen, architectural coatings; Frederik Calenius, procurement; Pasi Taipalus, financial reporting.
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).