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 values-driven cooperative and modern investment company with roots going back to 1883.
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.
2026
KPY completed its initial public offering and listing on Nasdaq First North Growth Market Finland. The offering was oversubscribed.
Trading in KPY’s shares began on the Nasdaq First North Growth Market Finland marketplace on 12 June 2026.
2025
Entry into fund management
2025: Acquisition of Sentica Partners
KPY took a significant step forward by acquiring the private equity company Sentica. This transaction elevates KPY’s strategy to the next level and opens a new phase where business vitality will be built more broadly through funds.
Until the acquisition, KPY has fulfilled its mission through direct investments in subsidiaries, minority-owned companies, and the Novapolis business premises. The Sentica transaction is part of KPY’s long term strategy where impact is increasingly created through fund-based models.
The fund structure enables the utilization of a broader capital base and new investors both from Finland and internationally.
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.
