HISTORY
For more than 140 years, we have been building connections and renewing ourselves as society and business evolve.
Over the decades, what started as a builder of telephone connections has steadily evolved. Today we are a builder of vitality and business drive.
A cooperative rooted in building connections
Our story began in 1883, when the Senate of Finland confirmed the articles of association for a group called Kuopio Telefonaktiebolag.
From our origins as a local telephone cooperative, we have gradually evolved into a reputable Finnish investment company.
Our long history is rooted in courage, commitment, and the ability to adapt.
Learn more about our story below.
2025
Entry into fund management
2025: Acquisition of Sentica Partners*
* The arrangement is subject to regulatory approval, among other conditions.
Expansion into private equity unlocking complete and more flexible investment operations, facilitating pursue of attractive value creation opportunities.
2020–2024
Strategy revision
2020–2024: Portfolio and governance restructuring driven by renewed strategy
Laying the foundation for stronger future value creation potential and sustainable cooperative interest payments.
1883–2019
Laying the ground for investment operations
1883: Kuopio Telefonaktiebolag is founded
2007: Sale of telephone and network operations to DNA
2008–20019: Acquisition of private companies and real estate assets, sale of stake in DNA
KPY established as a local telephone cooperative and evolves into an investor that aims to foster growth and development of Finnish companies.
