05/02/2025
Asko Schrey becomes Kontiotuote Oy's largest shareholder – strengthening the company's growth strategy
Kontiotuote Oy's ownership base has been significantly strengthened as investor Asko Schrey's company, Schrey Invest Oy, becomes the company's largest shareholder through Kontiotuote Oy's subscription issue. This strategic step supports Kontio's growth goals and opens up new opportunities for the company's development.
Asko Schrey, a well-known long-term investor and business developer, sees considerable growth potential in Kontiotuote Oy: "Kontio's innovativeness, committed personnel and strong position in the market make the company an excellent Finnish ecological investment. I look forward to supporting the company's growth and success in the coming years."
"It is a great pleasure to welcome Asko Schrey as part of Kontio's success story. His extensive experience in M&A and supporting growth brings us valuable expertise. The strengthening of our ownership base will enable us to develop our operations, invest in innovations and increase our market position both domestically and internationally," says Tero Ylinenpää, Chairman of the Board of Directors of Kontiotuote Oy.
Mika Rytky, CEO of Kontiotuote Oy: "The share issue strengthens Kontiotuote Oy's financial position and enables significant investments in the development of operations. Kontio's high-quality products and customer-oriented operating model serve as a solid foundation for the company's strategic goals. The situation in the construction industry is developing in a positive direction and demand is clearly picking up, and at this stage of budding growth, it is great to strengthen the ownership base as well."