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Peikko Group Global (English)

History and ownership

Peikko was founded in 1965 in Lahti, Finland by Jalo Paananen and his friend Osmo Norvasto.

The current eight individual owners of Peikko Group Corporation, the parent company of all Peikko legal entities, are the son of the founder, Topi Paananen, and seven grandchildren of the founder. Topi Paananen is the controlling shareholder.

The ownership of Peikko Group Corporation is technically organized via one family holding company, Peikko Capital Oy, that is registered and paying taxes in Finland.

All Peikko’s country entities are 100% owned by Peikko Group Corporation, with two exceptions. Both in North America and in the Middle East, Peikko is running its business in co‑operation with a local partner, on 50/50 basis.



Company history short film

Take a closer look at who we are and where we are headed by watching the story of Peikko.

  1. 1965

    Peikko was founded and production starts in Lahti, Finland

    The first product, the Diagonal Tie, is launched

  2. 1970's

    Fastening Plates are launched

    Precast connection development started

  3. 1983

    The first generation of Column Shoes is invented

  4. 1989

    DELTABEAM® Composite Beam is launched

    First generation of Hidden Corbels is developed

  5. 1990

    Column Shoes, second generation

    Rebar Anchoring development started

  6. 1997

    Peikko Deutschland GmbH founded and internationalization of Peikko begins

    First Floor Joints are launched

  7. 2005

    Production units in 3 countries

    5 sales offices in Europe

  8. 2005-2008

    Fast growth in revenue and geographic coverage

  9. 2008

    21 sales offices and 4 production units

    Development of Peikko Wind Turbine Foundation started

  10. 2009

    Development of Peikko Designer® design software started

  11. 2011

    Production factories in 8 countries

  12. 2013

    Peikko's bolted column connections is the first to be granted and ETA

    First seismic column shoe connection in the world

  13. 2016

    WELDA® Anchor Plate is launched

  14. 2019

    DELTABEAM® Green is launched

  15. 2021

    BOLDA® Column Shoe is launched

  16. 2022

    Global player: Over 30 sales offices worldwide and production factories in 12 countries

    Over 2,000 employees