Jalo Paananen

Overview

Jalo Paananen is a Finnish entrepreneur and investor with a career spanning over five decades. He founded Peikko Group Oy in 1965, a company specializing in innovative steel and slim floor structures for the construction industry. Under his leadership, Peikko expanded its product offerings to include DELTABEAM® composite beams and concrete connections for precast and cast-in-situ construction, becoming a global supplier with sales offices in over 30 countries and manufacturing operations in 12 countries. Peikko's turnover was EUR 240 million in 2020, and it employs over 2,000 professionals. Paananen's commitment to innovation and customer-centric development has been instrumental in Peikko's success. Beyond Peikko, Paananen has been actively involved in various investment ventures. In 2018, he invested in Bliot Oy, a developer of IoT and AI solutions for the construction industry, aiming to enhance quality, safety, and efficiency through technological advancements. This investment underscores his focus on integrating cutting-edge technologies into traditional industries to drive growth and modernization. Paananen's strategic investments reflect his belief in the transformative potential of technology and his dedication to fostering innovation within the construction sector. Paananen's contributions to the industry have been recognized with several accolades, including his appointment as an honorary member of the Finnish Constructional Steelwork Association in 2021. This honor acknowledges his long-term work in the innovative development of steel and slim floor structures, as well as his efforts in internationalizing the industry. His entrepreneurial journey and investment activities highlight a commitment to advancing the construction sector through innovation and strategic growth initiatives.

Investment Focus

• Innovative technologies
• Scalable business models
• Experienced management teams
• Strong market potential
• Sustainable and impactful solutions

Portfolio Companies