Peikko Group Corporation’s Finnish subsidiary Peikko Finland Oy has on 12 April 2013 filed a petition to the Finnish Market Court regarding unfair business practices. The petition is to prohibit Schöck Bauteile GmbH’s Finnish distributor, Linterm Oy, from spreading false information about Peikko’s NIRO Cantilever Balcony Connector to customers.
During the past year, Peikko has held several discussions with representatives of Schöck Bauteile GmbH in order to resolve the issue. However, the false and misleading information about Peikko’s product continues to reach our customers.
“Unfortunately we find ourselves in a situation where we have to seek a resolution by means of legal proceedings. The accusations that Schöck Bauteile GmbH’s representatives have made on the market about Peikko NIRO are unfounded. It is the first time ever in Peikko’s almost 50-year history, when an external party questions the reliability of a Peikko product.” states Topi Paananen, CEO of Peikko Group Corporation.
Topi Paananen, CEO, Peikko Group Corporation, Mobile +358 50 384 3001,
Main media, Peikko websites
Peikko NIRO Cantilever Balcony Connector
Peikko NIRO insulated cantilever balcony connectors are insulated reinforcement elements designed to support cantilever balconies. NIRO has a product approval in Finland granted by the Concrete Association of Finland and its properties have been tested in load and lifetime tests at VTT Technical Research Centre of Finland. Peikko NIRO: product information, product animation, images
Peikko Group in brief:
Peikko Group Corporation is a leading global supplier of concrete connections and composite structures. Peikko’s innovative solutions make the customers’ building process faster, easier and more reliable. Peikko has subsidiaries in 30 countries in Asia-Pacific, Europe, the Middle East, and North America, with manufacturing operations in 9 countries. Peikko’s net sales in 2012 amounted to EUR 113 million. Peikko is a family-owned and run company with over 900 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.