Puuilo Ltd – A slightly different store
Puuilo Ltd is a low-price department store chain founded in Kainuu, Finland in 1982. During the starting years, the company sold household hardware items from old busses on the market squares of towns and villages. At the turn of the Millennium the company started to build their store network and the bus-trade was left behind. Today, Puuilo is a nationwide and strongly growing actor in retail trade, with nearly 30 department stores in Finland. In addition, the company has a web shop in Finland and Sweden.
The wide product range at Puuilo covers products such as building supplies, tools, car accessories, garden supplies, pet food and pet supplies, as well as a wide range of household items. On the last fiscal year (2019-2020), the turnover of Puuilo was app. 170,5 million euros and the the number of employees converted into full-time employments was app. 456. Puuilo is owned by Adelis Equity Partners Fund I AB and the company’s executive management.