Finnish kitchen product manufacturer Fredman Group Oy has acquired Peltolan Pussi Oy, a Tampere‑based producer of paper bags. Peltolan Pussi manufactures paper bags primarily for the food industry; its bread bags are used by bakeries across Finland. The acquisition supports Fredman’s growth strategy and strengthens the company’s position in the professional kitchen market, particularly in the bakery segment. The parties have agreed not to disclose the purchase price.
“This acquisition supports Fredman’s growth in the professional kitchen market and opens new international opportunities for both Fredman and Peltolan Pussi. Outside Finland, there is growing demand for high‑quality, fibre‑based products manufactured in Finland with excellent delivery reliability. By combining our complementary product portfolios, we can serve both existing and new customers even more comprehensively,” says Fredman Group CEO Per‑Henrik Hagberg.
Peltolan Pussi’s Managing Director Kari Hurme will continue in his role, and the company will remain a standalone brand as part of Fredman. The change of ownership will not affect Peltolan Pussi’s sales, production, or existing customer agreements.
Peltolan Pussi manufactures approximately 200 million packaging bags annually at its factory. In the previous financial year, the company’s revenue was EUR 5.7 million, and it employs 23 people.
According to Liisa Peltola, owner‑entrepreneur and Chair of the Board of Peltolan Pussi, Fredman is an excellent match for the company’s employees, customers, and partners.
“I believe Peltolan Pussi’s story will continue in capable and caring hands. The company now has significantly stronger capabilities to develop and grow”, concludes Peltola, who remains a minority shareholder in the company.
Peltolan Pussi Oy
- Family‑owned company since 1952
- Managing Director: Kari Hurme
- Revenue 2025: EUR 5.7 million
- Employees: 23
- Design and manufacturing of paper bags at the company’s own factory in Tampere
Fredman Group Oy
- Founded in 1997
- CEO: Per‑Henrik Hagberg
- Employees: 64
- Revenue in 2025: EUR 30.3 million
- Own manufacturing facility in Rauma, Finland
Further information:
Per‑Henrik Hagberg
CEO, Fredman
per-henrik.hagberg@fredmangroup.com
+358 40 038 2315
Sara Hokkanen
Director of Communications and Sustainability, Fredman
sara.hokkanen@fredmangroup.com
+358 40 342 6261
Fredman Group is a Finnish manufacturer of high‑quality kitchen products and food packaging solutions, established in 1997. More than 90% of our products are recyclable, and over half are made from renewable raw materials. The majority of our products are manufactured at our factory in Rauma. In 2025 our revenue was EUR 30.3 million, of which roughly one third came from exports. We employ just over 60 people. www.fredmangroup.com.
Peltolan Pussi is a Finnish pioneer in food packaging, operating since 1952 and known for its high‑quality paper bags. With a range of paper grades, high‑tech flexographic printing, and tailor‑made bag structures, we meet even the most demanding customer requirements. Our factory is located in Tampere and employs over 20 packaging professionals. Our 2025 revenue was EUR 5.7 million. www.peltolanpussi.fi
