Suominen
Suominen Corporation is a Finnish public manufacturer of nonwoven roll goods supplying wipes, hygiene, medical, and HoReCa converters globally across five production countries, with sustainability-differentiated products such as BIOLACE® Pure and FY2025 net sales of EUR 412.4 million.
- Company typePublic
- Founded1767
- HeadquartersHelsinki, Finland
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Suominen does
Suominen Corporation is a Finnish public company (Nasdaq Helsinki: SUY1V) that manufactures and sells nonwovens as roll goods to B2B customers in the wipes, hygiene, medical, and HoReCa sectors worldwide. Headquartered in Espoo, Finland, the company operates production facilities in Brazil, Finland, Italy, Spain, and the United States, employing approximately 700 professionals and processing 124,242 tons of raw materials in 2025. Its core technology centers on wetlaid and drylaid nonwoven processes producing substrates used as input materials by major consumer brands in baby care wipes, personal care wipes, household cleaning wipes, medical wipes, and premium hospitality napkin and tablecloth applications.
Suominen's product portfolio is anchored on sustainability, with the BIOLACE® Pure line representing a 3-layer, plastic-free, cellulose-based nonwoven validated for compostability through the Suominen Green Lab in partnership with VTT. The company holds FSC, PEFC, and SFI chain-of-custody certifications, has all seven production sites certified to ISO 45001, and has received a consecutive EcoVadis Gold Medal (82/100, top 2% of rated companies in its industry). Distribution is executed through dedicated regional field sales teams (VP Sales EMEA, VP Sales Americas) and Key Account Managers; the company does not sell direct to consumers. Major shareholders Ahlstrom Capital B.V. and Etola Group Oy / Oy Etra Invest Ab jointly hold 49.02% of shares.
Financially, Suominen generated FY2025 net sales of EUR 412.4 million with comparable EBITDA of EUR 12.6 million (~3% margin). Q1 2026 net sales declined 18.6% year-on-year to EUR 95.6 million, reflecting a profit warning issued in October 2025 due to US plant incidents and slower supply chain recovery. Management has launched a three-year Full Potential profitability improvement program targeting 10% EBITDA margin by 2028, supported by a fully underwritten EUR 28 million rights issue completed in June 2026, a new functional operating model introduced February 2026, and the appointment of an experienced COO from the heavy-equipment sector.
Suominen firmographics
Firmographics- Name
- Suominen
- Legal name
- Suominen Corporation
- Website
- https://suominen.fi
- Company type
- Public
- Founded year
- 1767
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Suominen Corporation is a Finnish public manufacturer of nonwoven roll goods supplying wipes, hygiene, medical, and HoReCa converters globally across five production countries, with sustainability-differentiated products such as BIOLACE® Pure and FY2025 net sales of EUR 412.4 million.
- Ownership category
- akta.pro rank
Suominen industry classification
Industry- Product category
- Nonwoven Fabrics
- NAICS
- Nonwoven Fabric Mills (31323), Nonwoven Fabric Mills (313230)
- SIC
- Papers & Allied Products (2600)
- akta.pro primary industry
- Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances) (IMAMAGAI)
- akta.pro secondary industries
- Biodegradable Fibers & Nonwovens (industrial textiles, wipes) (IMAEAOAG), Wet Wipes & Flushable Wipes (Nonwoven-based) (IMAMAGAC), Wipes (Baby, Flushable, Household, Personal) (CRADALAH)
Keywords
Where Suominen is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices6 records
Markets served
Suominen business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure
Revenue model
- Nonwovens roll goods sales: Suominen manufactures and sells nonwovens as roll goods to customers in the wipes, hygiene, medical, and related industries. Net sales in 2025 were EUR 412.4 million. Revenue is generated through direct B2B sales relationships with key account customers globally.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Suominen product offering
Product offeringCore offering
Suominen manufactures nonwovens as roll goods for industrial and retail customers worldwide, supplying substrates used in baby wipes, personal care wipes, household cleaning wipes, medical and patient care wipes, and HoReCa napkins and tablecloths. The company focuses on sustainable nonwovens — including plastic-free, compostable, and plant-based options such as BIOLACE® Pure — produced across seven manufacturing sites in Brazil, Finland, Italy, Spain, and the United States.
Product overview
Suominen manufactures nonwovens as roll goods primarily for wipes and other applications. The company offers a portfolio of sustainable products including BIOLACE® Pure, a cellulose-based nonwoven for wipes in baby care, personal care, household, HoReCa, and medical applications. The product line consists of sustainable offerings made from renewable, recycled, and/or plastic-free raw materials, as well as compostable and dispersible nonwovens.
Differentiator
Problem solved
Functional benefit
Brands
- BIOLACE® Pure: A sustainable nonwoven made of cellulose fibers and pulp, plastic-free and chemical-free, designed for cleaning applications including baby care, personal care, household, HoReCa, and medical.
Products and services
- BIOLACE® Pure A sustainable nonwoven made from cellulose fibers and pulp with a 3-layer sandwich structure that locks liquid in the middle pulp layer and uses outer layers for distribution. It is plastic-free, chemical-free, and compostable, achieving 33% better dirt pick-up compared to 100% viscose and offering a lower carbon footprint. Sold as roll goods to wipes and hygiene product manufacturers.
Quantifiable outcome
- 33% better dirt pick-up compared to 100% viscose products
- +4 more outcomes
Companies that use Suominen
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Suominen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Suominen partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- Castrén & Snellman Attorneys LtdminorActing as legal advisor to Suominen in connection with the rights issue.
- Borenius Attorneys LtdminorActing as legal advisor to the Joint Global Coordinators (Danske Bank and Nordea) in the rights issue.
- Miltton LtdminorActing as communications advisor to Suominen for the rights issue.
- VTT (V Technical Research Centre of Finland)minorSuominen has adopted composting test methods developed by VTT. Suominen Green Lab provides proof of concept of nonwoven disintegration in compost media using VTT's test center, which has both industrial and home compost conditions.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Suominen competitors and assessment
Company assessmentDirect peers
- Berry Global Group: Major global nonwovens producer serving hygiene, wipes, and medical end-markets. Direct competitor to Suominen in roll-goods supply for wipes and hygiene applications with broader scale and integrated resin production.
- Glatfelter Corporation: US-based nonwovens manufacturer focused on hygiene, wipes, and specialty substrates following its combination with Berry's Health, Hygiene, and Specialties Global Nonwovens & Films business. Directly competes with Suominen in wipes roll goods.
- Fitesa: Global nonwovens manufacturer specializing in spunbond, meltblown, and other technologies for hygiene and wipes applications. Direct competitor to Suominen serving similar B2B wipes and hygiene OEM customers.
- PFNonwovens (PFN): European nonwovens producer (Czech-based, listed in Prague) manufacturing polypropylene-based roll goods for hygiene, wipes, and medical applications. Closely comparable to Suominen in product portfolio and customer base.
- Jacob Holm & Sons (Jacob Holm Industries): Swiss-based nonwovens manufacturer producing spunlace and other roll goods for wipes, hygiene, and personal care. Directly competes with Suominen's wetlaid/drylaid nonwoven offerings.
- TWE Group (Trützschler Nonwovens / TWE): European nonwovens producer serving hygiene, wipes, and industrial applications. Comparable mid-sized European roll-goods manufacturer overlapping with Suominen in wipes substrate supply.
- Sandler Group: German nonwovens manufacturer specializing in nonwoven roll goods for wipes, hygiene, filtration, and technical applications. Closely comparable mid-sized European player with similar customer base.
- Lydall (now part of Unifrax): Nonwovens manufacturer historically serving filtration, industrial, and hygiene markets. Acquired by Unifrax in 2021; relevant comparable for Suominen's specialty nonwoven capabilities.
Broad incumbents
- Freudenberg Performance Materials: Large German-based producer of nonwovens, foams, and technical textiles for automotive, construction, apparel, and hygiene. Broader incumbent with overlapping wipes/hygiene substrate offerings.
- Asahi Kasei (Asahi Kasei Corporation): Japanese diversified chemicals/materials producer with significant nonwovens (Bemliese, Eltas) and filtration operations. Broad incumbent offering competing substrates in hygiene and specialty wipes markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Suominen social profiles
Digital presenceSuominen compliance and trust
Trust signalCompliance8 records
Suominen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Suominen leadership team
Management profileNumber of profiles
Profiles12 records
Suominen funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Suominen M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Suominen
What does Suominen do?
Suominen manufactures nonwovens as roll goods for industrial and retail customers worldwide, supplying substrates used in baby wipes, personal care wipes, household cleaning wipes, medical and patient care wipes, and HoReCa napkins and tablecloths. The company focuses on sustainable nonwovens — including plastic-free, compostable, and plant-based options such as BIOLACE® Pure — produced across seven manufacturing sites in Brazil, Finland, Italy, Spain, and the United States.
Is Suominen a public or private company?
Suominen is a public company. It is classified as public and is currently operating.
When was Suominen founded?
Suominen was founded in 1767. It employs 501 to 1,000 people.
Where is Suominen based?
Suominen is headquartered in Helsinki, Finland, in the Europe region.
How does Suominen make money?
One revenue line is on record: nonwovens roll goods sales.
Who are Suominen's main competitors?
Direct peers on record are Berry Global Group, Glatfelter Corporation, Fitesa, PFNonwovens (PFN), Jacob Holm & Sons (Jacob Holm Industries), TWE Group (Trützschler Nonwovens / TWE), Sandler Group and Lydall (now part of Unifrax). Broad incumbents are Freudenberg Performance Materials and Asahi Kasei (Asahi Kasei Corporation).
Does Suominen have an API?
No public API is recorded for Suominen.
What industry is Suominen in?
Suominen's product category is Nonwoven Fabrics. Its primary akta.pro industry code is IMAMAGAI, Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances), with a secondary code of IMAEAOAG, Biodegradable Fibers & Nonwovens (industrial textiles, wipes). Its NAICS code is 31323 and its SIC code is 2600.