Peikko continues to develop its Asian operations – new subsidiary formed in Singapore

Peikko Group Corporation has formed a legal entity in Singapore – Peikko Singapore Pte. Ltd. In the first stage the new subsidiary concentrates on serving the precast and concrete flooring sectors. The intent is to start also local warehousing operations along with the sales operations, to ensure short lead times and reliable deliveries to local customers. 

Peikko actively seeks growth in the Asia-Pacific markets. Peikko has a manufacturing unit in China situated in Zhangjiagang north of Shanghai. In addition to the new Singapore office Peikko already has sales teams in China and on the East coast of Australia. 

“Peikko is currently present with own operations in over 30 countries worldwide. The expansion of our sales network in the APAC area is a very natural development for us. We see lots of growth opportunities in the area. Peikko has a strategy to be present with own offices and personnel on the markets where it operates. This way we can be sure that we know the local markets and legislation in order to make our customers’ building process faster, easier and more reliable.” states Topi Paananen, CEO of Peikko Group Corporation. 

 

Further information:
Topi Paananen, CEO, Peikko Group Corporation, Mobile +358 50 384 3001,
Email: [email protected]
Markus Korhonen, General Manager, APAC, Mobile +86 1516 2343 257,
Email: [email protected], www.peikko.sg 

Distribution:
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 2013 were approximately EUR 125 million. Peikko is a family-owned and run company with over 1000 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.