IKH is one of the largest workwear and personal protective equipment (“PPE”), tools, spare parts and accessories technical wholesalers and distributors in Finland.
IKH, a family owned business founded in 1956 and originally focused on agricultural spares and machinery, has approximately 400 employees and is headquartered in Kauhajoki where its well invested distribution and logistics centre is located. The current experienced management team will remain with the business following completion.
IKH’s product portfolio of over 50,000 SKUs comprises quality private label and leading technical brands offering one of the widest and deepest ranges in Finland where it has a number two market position in its core tools and PPE segment.
Products are distributed nationally in Finland through a network of independently operated IKH partner stores, third party distributors and ten owned stores located in major cities. IKH is currently developing a market presence in Sweden and Estonia through the export of its product ranges to a network of local partner stores.
IKH’s attractive positioning in core and adjacent segments of the technical trades distribution market in Finland has provided the business with sound fundamentals driven by resilient end-customer demand. End customers are primarily SMEs operating in the property construction and renovation, industrial, agricultural and repair shops sectors.
The geographic coverage provided by partner and own stores, broad product ranges and excellent stock availability in attractive segments of significant addressable markets should continue to provide IKH with a competitive advantage to support its diverse end customer base.