Tekova Listed on Nasdaq First North Growth Market Finland to Accelerate Strategic Growth

Introduction

Tekova Oyj, a pioneer in delivering comprehensive commercial building solutions, has taken a significant step forward by listing on the Nasdaq First North Growth Market Finland. Established in 2018, Tekova has rapidly positioned itself as a trusted partner in the Finnish construction market. Its unique approach—focused on streamlined, customer-centric project execution—has earned strong recognition and established a solid standing within the industry. This listing marks a critical milestone in Tekova's journey to strengthen its market presence and expand its strategic capabilities.

"The team applauded spontaneously after the kick-off, setting an uplifting tone for the entire listing project. Under Oaklins' expert leadership, the same energy and momentum carried through every stage of the process. The Oaklins team seamlessly combined deep expertise with a passion for excellence, making this strategically significant project a resounding success. I am delighted to award Oaklins an NPS score of 100 for their outstanding contribution." Jaakko Heikkilä, CEO Tekova Oyj

About Tekova Oyj

Founded in 2018, Tekova Oyj is a 100% Finnish-owned company, with 45% of its ownership held by employees and 55% by domestic investors. Guided by a mission to simplify the construction of versatile commercial spaces, Tekova adopted a group structure in 2023, enabling it to capitalize on regional expertise through subsidiaries and drive value-creating development projects via a specialized entity.

Tekova’s expertise spans a diverse range of spaces, including retail, logistics, and recreational facilities, delivering high-quality, customer-focused solutions tailored to each client’s needs. A commitment to sustainability sets Tekova apart: from incorporating ecological materials such as Finnish wood elements to reducing construction waste, environmental responsibility is at the core of its operations. Notably, Tekova achieved zero-defect handovers across all projects in 2024—a remarkable accomplishment that underscores its dedication to excellence and innovation in the industry.

Objective of the Listing

The public listing is an important step in advancing Tekova’s growth ambitions. By increasing visibility and fostering transparency, the company aims to attract heightened interest from investors and strategic partners. Access to capital markets will enable Tekova to strengthen its development capabilities across the construction value chain, supporting its vision for sustainable expansion. This growth will empower Tekova to deliver enhanced value to its customers and stakeholders, solidifying its leadership position in the market.

“We are honored to have acted as Tekova’s financial advisor in its listing. Given the limited number of recent listings in Finland, this transaction is especially exciting. I want to sincerely thank the company’s owners, board, and management for their trust in Oaklins. The collaboration was excellent, and the entire team worked exceptionally well together. I would also like to extend my gratitude to Bird & Bird, KPMG, and Inderes for their seamless partnership on this important project.” Pekka Suhonen, Managing Partner Oaklins Finland