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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- Website toolfac.fi
- Social LinkedIn
- Acquired by Hanza (Feb 2019)
Investors in Toolfac
Toolfac has secured backing from 1 investor. Prominent investors backing the company include Hanza.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Switchboards and switchgear are manufactured and serviced by Hanza. | 2008 | hanza.com | Stocksund, Sweden |
Investor details for Toolfac
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Toolfac
2 people are tracked at Toolfac (2 in leadership).
| Name | Role | Group |
|---|---|---|
Juhani Niiranen | Co-CEO | Leadership |
Pekka Koponen | President & co-CEO | Leadership |
Complete people profiles for Toolfac
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Toolfac
2 dated milestones of Toolfac across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Toolfac is founded.
- 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.
