MBO Partners acted as Finnglass Oy’s advisor in the arrangement completed on 2 March 2026, in which the company’s ownership structure was reorganized. MBO Partners designed the structure of the arrangement and secured the financing required for it. Following the arrangement, Finnglass is owned by CEO Timo Saukko, CCO Mikko Filmer, and investor Elite Glass Oy.
“Cooperation with MBO Partners was smooth, professional, and efficient. Consistency and mutual trust throughout the project led to an excellent outcome,” comments Finnglass CEO Timo Saukko.
Finnglass Oy is a successful Finnish glass manufacturer with strong presence in the home market great reputation internationally. The company is located in Alavus and its roots date back to the 1970s, when it operated under the name Tähti-Lasi. Over the years, the company became part of the French glass giant Saint-Gobain, from whom the current owner, Timo Saukko, together with his business partner Markku Manninen, acquired the company in an MBO transaction in 2016. Since then, operating under the name Finnglass, the manufacturer has become known for its quality and expertise in various glass solutions and creative, demanding projects.
Finnglass’s reference list is impressive. The company has delivered some of the most demanding glass installations — requiring special properties and technical expertise — to the headquarters of JPMorgan Chase and Rolex in New York, as well as to the headquarters of CIBC (Canadian Imperial Bank of Commerce, one of Canada’s largest banks) in Toronto. A striking domestic example can be found in Helsinki, in the inner courtyard of Pohjoisesplanadi 37. The company contributed to the design and delivered heated glass for the glass roof structure covering the courtyard, enabling the conversion of the courtyard’s parking area into a year-round commercial space.
Finnglass develops glass solutions for demanding conditions: it offers insulating glass, laminated safety glass, tempered safety glass, bullet resistant glass, explosion resistant glass, heatable glass, solar‑reflective glass that reduces heat from solar radiation, glass for defense industry applications or load‑bearing structures, and bird‑friendly glass. The company is considered market leader in heatable glass products across all its segments, offering a unique portfolio distinguished by exceptional quality, engineering excellence and long‑term working experience supported by strong references.
A great example of the company’s innovativeness is its registered trademark Lintu-Laser. The laser‑engraved pattern on the glass surface helps birds detect the glass from multiple angles, preventing collisions. Lintu-Laser can be combined with any of the company’s glass solutions.
Immediately after the completion of the ownership arrangement, Finnglass has turned its attention to future development: improving production efficiency and increasing capacity. Demand for the company’s products is strong globally.
Finnglass is planning an investment program aimed at multiplying its production capacity. The investments are intended to be carried out as soon as possible, with the first equipment purchases potentially happening later this year. MBO Partners has been selected to arrange the financing for Finnglass’s upcoming investment needs in order to expand production capacity and improve profitability.