Tokmanni

Sector/industry

Discount retail

Tokmanni is Finland's largest discount store chain with 156 stores across the country. The company has grown substantially over the last years and is a market leader in the structurally attractive Finnish general discount market. Tokmanni is uniquely positioned in the Finnish retail market, offering value for money and a wide assortment with a nationwide coverage. The retail network covers the entire Finland; the northernmost outlet is in Kuusamo, while the southernmost outlet is in Hanko.

Nordic Capital Fund VII acquired Tokmanni in 2012 to further support and strengthen Tokmanni's position as Finland's largest discount store chain. During the ownership period, significant investments has been made to support future growth. The Tokmanni brands have become one and the number of stores has continued to increase every year.

In April 2016, Tokmanni Group Corporation was listed on NASDAQ Helsinki. 

Nordic Capital Fund VII remains one of the largets shareholders in Tokmanni with 15.2% of the shares (as per Feb 2017).

 

Management:
  • Heikki Väänänen, CEO
  • Sixten Hjort, CFO
Key Information: Revenues 2016*: EUR 760 million Employees: 3200 Ownership: Nordic Capital Fund VII Date of investment: 2012 Head office: Mäntsälä, Finland
* Reported