- CEO
- Charles Heaulme
- Full Time Employees
- 722
- Sector
- Consumer Defensive
- Industry
- Household & Personal Products
- Address
- Karvaamokuja 2 B Helsinki Finland 00380
- IPO Date
- Oct 1, 2001
- Business
- Suominen Oyj manufactures nonwovens as roll goods primarily for wipes, hygiene products, and medical applications; its core offerings encompass baby wipes, household and workplace wipes, moist toilet tissues, sanitary pads, diapers, surgical drapes, and swabs, with a strong emphasis on sustainable and innovative product lines including 11 sustainable launches in 2024 that drove an 87% sales increase from the 2019 base year. The company operates seven production plants across three continents, with key facilities in Europe (Finland, Italy, Spain), the Americas (USA: Green Bay, Windsor Locks, Bethune; Brazil: Paulínia), serving global consumer brands in personal care, healthcare, and industrial sectors; net sales reached EUR 462.3 million in 2024 from over 700 employees. Founded in 1898 and headquartered in Helsinki, Finland, Suominen lists on Nasdaq Helsinki (SUY1V.HE) and divides operations into Americas and EMEA business areas. Recent developments include a EUR 10 million upgrade to a production line in Bethune, South Carolina, USA, completed in early 2025 to bolster sustainable capabilities; a EUR 20 million investment in a new production line in Alicante, Spain, set for completion in late 2025; entry into a new EUR 100 million syndicated credit facility (EUR 50 million term loan and revolving credit) with Danske Bank A/S and Nordea Bank Abp in June 2025, replacing prior arrangements; appointment of Charles Héaulmé as President and CEO effective August 11, 2025, and Francois Guetat as COO effective November 3, 2025; and attainment of Gold Medal status in the 2025 EcoVadis assessment, ranking in the top 2% of its industry.