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Takeover strengthens Pipelife’s position in Southern Finland

Talokaivo Oy is a specialist for the development, production and marketing of water management- and environmental systems

Talokaivo, with annual sales of 15 mEUR, is active in design, production and marketing of rainwater-, urban runoff-, sewage water-, and sub-surface drains, separators and pumping stations as well as sewage system solutions for less populated areas. With its main production facility in Kerava, near Helsinki and with local service centers in Lieto, Tampere and Oulu, Talokaivo has 60 employees.


The CEO of the Pipelife Group, Niels Rune Solgaard-Nielsen explained: “This step marks an important milestone for the strategic development of the Pipelife Group in the Nordic region and we are delighted that Mika Vainio, who so successfully has developed Talokaivo, has chosen Pipelife as a partner for its further development.”


Mika Vainio, who will keep an important minority stake in the company stated: “One of the main reasons for choosing Pipelife has been the impressive results Pipelife Finland has achieved in the “Great Place to Work” benchmark. Moreover, I am convinced that Talokaivo and its employees can benefit from such experience and I see a bright future for Talokaivo.”
Mika Vainio has decided to step down from the position as Managing Director in order to focus on his other businesses, but will remain as a member of the Board of Directors. As new Managing Director, present Sales Director Markus Silfverberg, has been appointed.

 

Kimmo Kedonpää, Managing Director and Country Manager of Pipelife Finland, added: “Talokaivo has a solid market position, especially in Southern Finland, and its products are perfectly complementing our own product range. By combining the production know-how and market position the synergies are important and Pipelife can further develop its plastic pipe product and system offerings to the benefit of all customers. It will further strengthen our position as a local partner with high service level to our customers from our production units and service centers in Ii, Utajärvi, Haaparanta, Joensuu and Jyväskylä.”

 

The Pipelife Group is one of Europe’s leading Plastic Pipes and Fittings companies active in 26 countries and operating 26 factories with 2,680 employees and a turnover close to 900 mEUR.

The Pipelife Group is part of the Austrian public listed company Wienerberger.  Wienerberger is a leading building material producer operating in more than 30 countries.  

For additional information contact:
Kimmo Kedonpää, Managing Director, Pipelife Finland
Tel.: +358 30 600 2200

Niels Rune Solgaard-Nielsen, CEO, Pipelife International
Tel.: +43 1 602 2030 0 | info@pipelife.com

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