About Walki
Walki is a company based in Espoo (Finland) founded in 1979, and was acquired by Oji Holdings in October 2023. Multi-layer laminates and protective packaging materials are manufactured by Walki. Walki has completed 5 acquisitions, including Flexipack, PLASBEL and Westpack.fi. Its chief executive, as recorded, is Leif Frilund. Its Indian entity Walki Laminates India Private Limited reported revenue of ₹3.11 Cr.
Company details
Walki was established in 1979 in Espoo, Finland, where operations focus on the production of multi-layer laminates and protective packaging materials. The company serves the packaging and industrial sectors by developing specialized solutions for insulation, barrier, and protective applications. Manufacturing processes are centered in Europe, with distribution extending to international markets, emphasizing technical materials for construction, automotive, and environmental uses.
- Headquarters Espoo, Finland
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website walki.com
- Social LinkedIn X Facebook
- Acquired by One Equity Partners (Apr 2018)
- Legal Name Walki Laminates India Private Limited
- Date of Incorporation 13 Feb, 2012
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹3.11 Cr
FY 2024 · -33% YoY
- Indian entity net profit₹16.5 Lakh
FY 2024 · 5% margin
- Indian entity EBITDA₹22.2 Lakh
FY 2024 · 7% margin
- Latest Funding Round$358.4K (USD), Grant
Jan 2021
- InvestorsOne Equity Partners
& 2 more
- Investments & AcquisitionsFlexipack
& 4 more
- Acquired by
Associated legal entities of Walki
Walki operates through Walki Laminates India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Walki Laminates India Private Limited CIN U26102DL2012FTC231465 | Active | 13 Feb 2012 | New Delhi, Delhi | ₹3.1 Cr | 3 | View details |
Funding Insights of Walki
- Total Rounds 1
- Last Round Grant — $358,404
- First Round $358,404
(Jan 2021)
- Investors Count 1
All 1 funding rounds of Walki with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $358,404 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Walki
Walki has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include One Equity Partners, Oji Holdings and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in North America and Europe. | 2001 | oneequity.com | New York, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Paper products manufacturing company | 1873 | ojiholdings.co.jp | Tokyo, Japan |
Investor details for Walki
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Walki Laminates India Private Limited (Walki)
Walki Laminates India Private Limited is the primary company behind Walki. The board of Walki Laminates India Private Limited currently have 3 directors; the longest-serving is Leif Erik Frilund, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Leif Erik Frilund DIN 05132742 | Director | 13 Feb 2012 | 14 yrs 8 mo | Walki Laminates India Private Limited |
| Lokeshwar Prasad Mathur DIN 02193993 | Director | 01 Aug 2014 | 12 yrs 2 mo | Walki Laminates India Private Limited |
| Braj Kishore Gupta DIN 07293522 | Additional Director | 10 Dec 2015 | 10 yrs 10 mo | Walki Laminates India Private Limited |
People of Walki
1 people are tracked at Walki (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Walki
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.
Financials of Walki
Figures of Walki Laminates India Private Limited, the primary company behind Walki, for FY 2024. Revenue was ₹3.11 Cr (-33% year on year). Net profit was ₹16.5 Lakh (5% margin). EBITDA was ₹22.2 Lakh (7% margin). Revenue has grown at a compounded annual rate of +60% over three years and +34% over five years.
- ₹3.11 CrRevenue · FY 2024 · -33% YoY
- ₹16.5 LakhNet profit · 5% margin
- ₹22.2 LakhEBITDA · 7% margin
- ₹6 LakhPaid-up capital
- +60%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Walki Laminates India Private Limited are on its company page.
Detailed financial statements for Walki
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Walki
Walki has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Flexipack, PLASBEL and Westpack.fi.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Food packaging services are provided by Folian in Germany. | folian.com | Wendorf, Germany | 1999 | Dec 2022 | •••• | |
Flexible packaging materials are manufactured for various applications. | westpak.fi | Sakyla, Finland | 2008 | Aug 2022 | •••• | |
Packaging materials are supplied for food and technical industries. | flexipack.fi | Vaasa, Finland | 1992 | Aug 2022 | •••• | |
Wholesaler of jewelry boxes, trays, modern displays, wrapping accessories, and packaging products | westpack.fi | Finland | 2021 | Aug 2022 | •••• | |
Plastic packaging products are manufactured and supplied to industries. | plasbel.com | Alcantarilla, Spain | 1998 | Apr 2021 | •••• |
Complete acquisition details for Walki
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Walki
9 dated milestones of Walki across 44 years, from founding to its latest funding, stage changes and deals.
- Founded Walki is founded.
- Exit Acquired by One Equity Partners.
- Funding First funding round of $358K.
- Acquisition Acquires PLASBEL.
- Acquisition Acquires Westpack.fi.
- Acquisition Acquires Flexipack.
- Acquisition Acquires Westpak.
- Acquisition Acquires folian.
- Exit Acquired by Oji Holdings.
Web traffic of Walki
The website of Walki (walki.com) receives about 5.9K visits a month.
- Monthly visits5.9K
▼ 5.7% vs previous month
Websites whose visitors overlap most with Walki. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| clondalkingroup.com | 100% | View details | |||
delucacartaria.it | delucacartaria.it | 63% | – | ||
| hildering.com | 62% | #10,220,704 | View details | ||
pietarsaarensanomat.fi | pietarsaarensanomat.fi | 30% | #4,247,178 | – |
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Related news about Walki
Complete news archive for Walki
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Frequently Asked Questions about Walki
Walki was founded in 1979 and raised its 1st funding round 42 years after it was founded.
Walki is headquartered in Espoo, Finland.
Leif Frilund is the CEO of Walki, as recorded in our data.
The primary company behind Walki, Walki Laminates India Private Limited, reported revenue of ₹3.11 Cr for FY 2024, down 33% year on year.
Walki was established in 1979 in Espoo, Finland, where operations focus on the production of multi-layer laminates and protective packaging materials. The company serves the packaging and industrial sectors by developing specialized solutions for insulation, barrier, and protective applications. Manufacturing processes are centered in Europe, with distribution extending to international markets, emphasizing technical materials for construction, automotive, and environmental uses.
Walki has made 5 acquisitions, including Flexipack, PLASBEL, and Westpack.fi.
Walki has 3 investors. Key investors include One Equity Partners, Oji Holdings, and European Union.
Walki operates through Walki Laminates India Private Limited.
Yes. Walki was acquired by One Equity Partners in April 2018.
The legal entities of Walki currently have 3 directors, including Lokeshwar Prasad Mathur, Leif Erik Frilund, Braj Kishore Gupta.