Peikko Group has purchased business of the UK based flooring product specialist company Metalscreed UK Ltd. Metalscreed and its owners have since 2004 developed and launched innovative, patented screed and joint products used in industrial concrete floors. The employees of Metalscreed will continue to work at Peikko.
Peikko has had industrial floor joint products since 1990s, with the biggest launch of its current TERA Joint product portfolio some years ago. Metalscreed´s current portfolio fits perfectly into Peikko´s portfolio, particularly the UNIRAIL Screeding Systems and METAFORM Joint Systems. Peikko will also utilize Metalscreed´s current customer base for other Peikko products.
“Metalscreed’s current products and the patents for future products will bring significant increase in Peikko´s flooring product sales in 2014. We are pleased to get on board specialists with deep knowledge of the flooring industry”, says Topi Paananen, CEO of Peikko Group.
“We have done a great deal of work over the years to develop a family of innovative world-class products for the industrial flooring market. Peikko´s global sales network provides a great opportunity and offers a far higher market exposure of Metalscreed products”, says Pat Eve, Chairman of Metalscreed UK Ltd., who will take up his new position at Peikko Group.
Topi Paananen, CEO, Peikko Group Corporation, Tel. + 358 50 384 3001,
Main media, Peikko websites
Peikko Group in brief:
Peikko Group Corporation is a leading global supplier of concrete connections and composite structures. Peikko’s innovative solutions make the customers’ building process faster, easier and more reliable. Peikko has subsidiaries in 30 countries in Asia-Pacific, Europe, the Middle East, and North America, with manufacturing operations in 9 countries. Peikko’s net sales in 2012 amounted to EUR 113 million. Peikko is a family-owned and run company with over 900 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.
Metalscreed in brief:
Metalscreed was founded in 2004 in the United Kingdom. The company takes great pride in being the industry leader in innovative, environmentally sensitive product designs for industrial concrete floors. The products have been sold in more than 20 countries worldwide. Further information: www.metalscreed.com.