Telko to reorganize its operations into two business units

Telko is transitioning to a new operating model as part of its ongoing strategy renewal. As of May 1, 2026, Telko is organized into two business units: Essential Solutions and Advanced Materials.

“We are moving from four business units to two, which sharpens our focus, creates synergies and enables a more comprehensive service to our customers. At the same time, we are launching a performance improvement program focusing on growth, commercial excellence and operational leverage,“ says Rolf Jansson, CEO of Telko.

Essential Solutions business unit serves large industrial customers by distributing volume chemicals and acts as a long-term partner in mobility lubricants. The business unit focuses on higher value-added services, improving synergies and operational excellence. Essential Solutions is led by Rickard Andersson and accounts for approximately one third of Telko’s net sales.

Advanced Materials business unit provides customers with raw materials, additive solutions and related technical expertise for industrial applications, as well as process development and analytical services. The business unit brings together all specialty products represented by Telko under the same umbrella, serving customers in various industries, including healthcare, packaging and machinery. Advanced Materials is led by Petteri Martikainen and accounts for approximately two thirds of Telko’s net sales.

Towards two standalone companies

In line with Aspo’s strategic vision, Aspo is in the process of developing ESL Shipping and Telko into stand-alone companies. The target is to execute either the divestment of ESL Shipping or a partial demerger of Aspo by the end of 2026.

Telko intends to invest in both organic growth and acquisitions in order to achieve a leading position in its prioritized market segments.