Toolfac

Iisalmi, Finland Founded: 2004 • Age: 22 yrs Acquired By Hanza
Hydraulic and pneumatic components are manufactured for machines and engines.

About Toolfac

Toolfac was founded in 2004 in Iisalmi, Finland, where operations focus on the manufacturing sector. Hydraulic and pneumatic components are produced for machine and engine manufacturers, alongside items such as CNC lathes, grinders, deburring equipment, and mechanical parts. Services including scheduling, manufacturing, testing, packaging, and transport are offered to support production needs.

  • Headquarter Iisalmi, Finland
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  • Phone
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  • Website toolfac.fi
  • Social LinkedIn
  • Acquired by Hanza (Feb 2019)
Key Metrics

Investors in Toolfac

Toolfac has secured backing from 1 investor. Prominent investors backing the company include Hanza.

All
InvestorDescriptionFounded YearDomainLocation
Switchboards and switchgear are manufactured and serviced by Hanza.
2008hanza.comStocksund, Sweden
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Investor details for Toolfac

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People of Toolfac

2 people are tracked at Toolfac (2 in leadership).

NameRoleGroup
Juhani Niiranen
Co-CEOLeadership
Pekka Koponen
President & co-CEOLeadership
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Complete people profiles for Toolfac

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Timeline of Toolfac

2 dated milestones of Toolfac across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Toolfac is founded.
  2. Exit Acquired by Hanza.
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Frequently Asked Questions about Toolfac

Toolfac was founded in 2004.

Toolfac is headquartered in Iisalmi, Finland. It is registered at Iisalmi, Pohjois-savo, Finland.

Juhani Niiranen is the current CEO of Toolfac.

Toolfac was founded in 2004 in Iisalmi, Finland, where operations focus on the manufacturing sector. Hydraulic and pneumatic components are produced for machine and engine manufacturers, alongside items such as CNC lathes, grinders, deburring equipment, and mechanical parts. Services including scheduling, manufacturing, testing, packaging, and transport are offered to support production needs.

Toolfac has 1 investor. Key investors include Hanza.

Yes. Toolfac was acquired by Hanza in February 2019.

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