Woodio invests €7m into eco-friendly bathroom manufacture

Finnish eco-friendly bathroom manufacturer Woodio has invested €7m into a factory in Lahti, Finland, which will be completed in Spring 2025.

24 Apr, 24

Finnish eco-friendly bathroom manufacturer Woodio has invested €7m into a factory in Lahti, Finland, which will be completed in Spring 2025.

Woodio invests €7m into Finnish factory

CEO of Woodio Terja Koskenoja

 

Founded in Helsinki in 2015, Woodio manufactures a waterproof wood composite, as an ecological alternative to ceramics and other high carbon footprint materials used in bathroom and interiors.

It offers two collections of washbasins, bath, and WC – Core and Made To Order –  in the UK, which are made from the biomaterial.

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Last year, the company raised over €16m in growth capital to scale up its operations and expand internationally and is now transitioning from a pilot factory to a larger production capacity, enabled by the new factory in Lahti.

According to Woodio, the new factory will have greater automation, a “flexible” assembly line, use new techniques related to sustainability and the circular economy and will be seeking a “good level” BREEAM environmental certificate..”

“We are really excited about our new factory. With this investment, we are seeking significant growth in our production capacity, enabling us to offer even larger projects and, in the future, contract manufacturing,” said CEO of Woodio Terja Koskenoja.

According to the company, the construction industry accounts for an estimated 40% of annual global carbon emissions.

Woodio reports carbon emissions of its raw material and energy-efficient manufacturing process, are “significantly” lower than those of traditional ceramic sanitaryware.

Matti Lentipuu, member of Woodio’s board of directors and Managing Partner of UB FIGG, the main shareholder of the company, said: “Woodio is an excellent example of high value-added innovations in the forestry sector that Finland should invest in.

“In light of the industry’s emission figures, it is clear that the demand for green construction will increase significantly in the near future. Woodio has every opportunity to establish itself as a pioneer in sustainable housing solutions.”

Woodio bathroom furniture is seeking international growth, developing its business in residential construction enabling larger sales volumes, as well as in furnishing public spaces and contract manufacturing.