FEEL-GOOD FLOORINGS FOR INTERIOR DESIGN
Karelia-Upofloor Oy is one of Europe's leading flooring producers and an internationally recognised expert in its field. The main products are hardwood and resilient floorings.
Karelia-Upofloor Oy consists of the parent company Karelia-Upofloor Oy, engaged in the production and marketing of Karelia and Upofloor hardwood floorings, as well as its solely-owned subsidiaries: Upofloor Oy engaged in the production and marketing of Upofloor resilient floorings, the Russian hardwood flooring factory LLC Karelia-Upofloor CIS and the Romanian hardwood flooring factory S.C. Karelia-Upofloor S.R.L.
The Karelia-Upofloor group has four production facilities in Finland, as well as factories in Russia and Romania. The main market areas are Finland and the Baltic Countries, Russia and CIS countries, Scandinavia, and International Projects.
Net sales in 2011 was EUR 122 million, and the Karelia-Upofloor group employed 800 persons.
At the end of 2012 Karelia-Upofloor and the Swedish company AB Gustaf Kähr merged, creating Europe's leading producer of wood floors. The new group is a market leader in Sweden, Norway, Finland and Russia, and will hold strong positions in other important markets such as England and Germany.
Kährs' principal owner, Triton Fund III, is the majority owner in the new merged company. The Finnish family-owned investment company Hartwall Capital, is the second largest owner.