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
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 now, 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.
