Conquering the world with soundproof office solutions at a dizzying speed, the future for Framery looks amazing. The company, which doubled its net sales in 2017, is an excellent example of innovative thinking and courage to try. Its functional products boast beautiful design and metal surfaces that are protected and enhanced by Teknos matt Soft Touch powder coating.
One Friday morning, the phone of Teknos employee Tero Lahti rang. A then unknown customer said they were in a hurry to find a black Soft Touch coating and asked if there was any chance they could come and see sample plates on Friday after office hours. Tero had planned to call it a week at the end of normal office hours.
"For a moment I regretted promising to stay. I thought it was not likely to lead into anything," Tero says, laughing. But he was wrong. Framery representatives were frantically looking through sample plates when Tero got it. Matt black, gloss 1, and the Framerians were excited: "This is just what we're looking for! Can we take this sample with us? The production is starting now, where and how can you deliver the stuff?"
Teknos is in the habit of exceeding its customers' expectations. This time was no different. "We have matt black powder coating in the warehouse, we can deliver it immediately. And by the way, there are 16 other shades with the same matt finish," was Tero's answer.
Teknos had a solution and so the leading powder coating manufacturer became part of one of today's most inspiring success stories.
According to a study by the University of Sydney, about 50% of people working in an open plan office named the soundscape-related loss of privacy as the biggest problem in their working environment. Everyone who ever worked in an open plan office knows that the background noise interferes with concentration, which drives down efficiency.
The idea of soundproof office solutions was born from Framery founders' own experiences. The inspiration to designing a soundproof phone booth came at the previous workplace where the boss spoke in the phone in a loud voice.
Even though the company has grown into a global operator and the biggest market are currently in the United States, all Framery products are still handcrafted in Finland using the best materials available.
In March 2018, private equity investor Vaaka Partners' Buyout III fund came in to boost Framery's international growth with the aim of multiplying the company's net sales. After the investment, Vaaka Partners and its co-investors hold approximately 60 per cent of Framery.
"The introduction of Vaaka as our partner was a significant leap to Framery in realizing our growth strategy. The new growth strategy, updated in close cooperation with Framery's management, Vaaka and Vaaka's industrial advisors, enables the quick boosting of our growth. As Framery grows bigger, we can also benefit from the many experiences that Vaaka and its industrial advisors have about similar situations in other growth companies," says Samu Hällfors, Framery CEO.
The folks at Framery believe that success is a result of happiness, not the other way round. Of course, soundproof solutions are just one of many possible happiness-promoting factors at a workplace. Read more about Framery's means to a happy workplace: www.frameryacoustics.com/en/why-happiness/
For further infomation: www.frameryacoustics.com
Framery, which doubled its net sales in 2017, is an excellent example of innovative thinking and courage to try.
Teknos, a renowned paint manufacturer, is now developing coatings for use in the packaging industry as well.
Teknos is updating its strategy for 2019-2025 with the ambition to grow the company to EUR 1 billion net sales by the end of the strategy period.