Finnish valve importer ECONOSTO Oy is now part of KLINGER.
Product range includes: ✔ high-quality valves
✔ level gauges ✔ actuators ✔ strainers ✔ steam and pressure solutions
With the acquisition of ECONOSTO Oy, KLINGER strengthens its market presence and enhances its product offering in Finland. ECONOSTO has a strong market position in MRO in a broad range of industries, especially in shipbuilding.
ECONOSTO Oy’s founder Martti Lehto knew that integrating his family business into an even larger family business would be a logical way for the company to expand while staying true to its values. He was particularly interested in making sure that his business was delivered into good hands.
For KLINGER Finland, this is a particularly useful acquisition in terms of domestic business. KLINGER Finland warmly welcomes the ECONOSTO’s team as part of the KLINGER family.
The CEO of KLINGER Finland, Esa Virtanen, will also be the CEO of ECONOSTO and will further develop the business, together with Tanja Lehto (Director of Development), Toni Ålander (Sales Director) and the professional staff of ECONOSTO. The founders Martti and Ulla Lehto will remain in the company’s service and provide guidance when ECONOSTO continues as a subsidiary of KLINGER Finland. The current staff and business premises will continue to serve our customers in the same way as before.
ECONOSTO is a truly Finnish player with excellence in valves and MRO business
ECONOSTO Oy was founded in 1987 and has since been privately owned by the Lehto family. The company is based in Kuopio, Finland, and its facility spans an area of 4,000 sqm. They specialize in delivering high-quality valves, level gauges, actuators, expansion joints, and strainers, in addition to steam and pressure solutions for the needs of shipyards, manufacturing industries, power plants, and wholesalers.
ECONOSTO has always been focused on delivering high customer satisfaction. Today, the company has over 100 customers in multiple industries. Individual and personalized services for their customers is the highest priority. Over 50 % of ECONOSTO’s deliveries are customized prefabrications, designed and assembled according to the customer’s individual needs. On-site services, such as assembly, design, and safety adjustment, allow ECONOSTO to ensure satisfaction beyond product delivery. Storage services and variable freight options provide support for logistical and supply chain challenges, an important amenity in the post-pandemic market.
“I am delighted, having found a perfect partner for ECONOSTO Oy’s future. Right from the beginning we could already feel a very good chemistry between our people. I am looking forward to a common and promising future.”
Martti Lehto, former shareholder and COO of ECONOSTO Oy
“ECONOSTO Oy is a highly complementary acquisition in terms of product, industry, market orientation, customers, and location. We are very happy to have them on board.”
Daniel Schibli, CEO of the KLINGER Group
The winning combination of a family-run personalized business with the resources of a global market leader will no doubt prove a boon to the entire ECONOSTO Oy and KLINGER Finland Oy customer base.
ECONOSTO Oy briefly:
- ECONOSTO Oy is located in Kuopio
- The company was founded in 1987
- The premises include storage facilities, an installation area and office premises, a total of approx. 4,000 square meters
