YEAR ESTABLISHED: 1948
REVENUE: $344 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; and Kalle Härkönen, operations director.
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 completed the acquisition of Feyco Treffert, a company specializing in wood coatings, and Schekolin AG. The acquisition is an important part of Teknos’ growth strategy and will provide Teknos with access to new markets in Switzerland, Malaysia and the U.S. and strengthen its position in the wood segment globally. Feyco Treffert had sales of approximately $80 million and has more than 380 employess in six countries.