Lapti Group

What Lapti Group does

Lapti Group is a privately held Finnish general contractor and property developer headquartered in Oulu, operating nationally through its primary subsidiary Rakennusliike Lapti Oy and six regional offices in Vantaa, Kuopio, Jyväskylä, Turku, and Tampere. Founded around the year 2000, the company employs approximately 400 construction professionals and delivered FY2025 turnover of €260.4 million — a roughly 15% year-over-year increase from €226.0 million — with operating profit of €2.6 million (1.0% margin) and a 55% equity ratio.

The company generates approximately 90% of revenue from construction contracting (design-build, management contracting, and fixed-price contracts for schools, daycare centers, healthcare facilities, commercial buildings, industrial premises, and energy infrastructure) and roughly 10% from residential housing development and sales under Finland's RS housing system via the Lapti Kodit consumer brand. Customer segments are split between Finnish municipalities and wellbeing services counties (public-sector social infrastructure, including the City of Turku five-daycare program and the KYS Uusi Sydän Kuopio University Hospital alliance), private enterprises (Kesko, Fingrid, Koja Group, Northern Horizon), and end consumers purchasing apartments. Competitive positioning rests on ISO 9001/14001/45001 and RALA certifications, sustainability practices including CLT mass timber and geothermal/solar systems, Schneider Electric Wiser smart-home integration in residential builds, and a diversified public-sector project portfolio with an order backlog exceeding €400M at year-end 2025.

Name

Lapti Group

Legal name

Rakennusliike Lapti Oy

Website

https://lapti.fi

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Lapti Group is a privately held Finnish general contractor and property developer (~400 staff, €260M FY2025 revenue) building schools, daycare centers, healthcare facilities, commercial and industrial premises, and RS residential housing nationwide through six regional offices in Finland.

Ownership category

akta.pro rank

Headquarters

HQ city

Oulu

HQ country

Finland

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Construction contracting (Urakointiliiketoiminta): Approximately 90% of Lapti's revenue comes from construction contracting services, including public and private sector construction projects such as schools, daycare centers, healthcare facilities, commercial buildings, and industrial premises. Revenue is generated through project-based contracts including design-build (KVR), management contracting, and fixed-price contracts.
2. RS Housing Development (RS-asuntorakentaminen): Approximately 10% of revenue comes from residential housing development and sales. Lapti develops, designs, and builds housing projects for investors and end buyers, including apartment buildings sold under Finland's RS (rsidential housing) system.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Lapti Group is a Finnish construction company that delivers building projects through design-build (KVR), management contracting, and fixed-price contracts. Approximately 90% of revenue comes from construction contracting for public sector and commercial clients (schools, daycare centers, healthcare facilities, offices, industrial premises), and approximately 10% comes from residential housing development and sales under the Lapti Kodit brand for end buyers and investors.

Product overview

Lapti Group is a Finnish construction company operating as Rakennusliike Lapti Oy, offering a comprehensive suite of construction and development services. The company operates through distinct service pillars: Lapti Kodit (residential housing with customizable interiors), Rakentaminen palveluna (full-service construction including project management contracting), and Hankekehitys (property development services). Service offerings span multiple categories including daycare centers (Päiväkodit), care and nursing homes (Hoiva- ja palvelukodit), school construction (Koulurakentaminen), healthcare facilities (Terveydenhuollon tilat), commercial premises (Toimitilarakentaminen), industrial construction (Teollisuus- ja erityisrakentaminen), and building services engineering (Talotekniikka). The project development division handles area and property development, property investment services, housing company infill development, and land acquisition. Lapti serves both residential customers (home buyers) and commercial clients (developers, investors, municipalities, healthcare providers).

Differentiator

Problem solved

Functional benefit

Brands

• Lapti-kodit: Lapti's housing brand offering apartments and homes for buyers

Products and services

• Lapti Kodit (Residential Housing)
• Construction Contracting Services (Rakentaminen palveluna)
• Daycare Center Construction (Päiväkodit)
• Care and Service Home Construction (Hoiva- ja palvelukodit)
• School Construction (Koulurakentaminen)
• Residential Construction (Asuntorakentaminen)
• Healthcare Facilities Construction (Terveydenhuollon tilat)
• Commercial Premises Construction (Toimitilarakentaminen)
• Industrial and Special Construction (Teollisuus- ja erityisrakentaminen)
• Building Services Engineering (Talotekniikka)
• Project Development Services (Hankekehitys)
• Available Commercial and Business Premises (Vapaat liike- ja toimitilat)

Quantifiable outcome

• Customer satisfaction NPS of 69 (scale -100 to 100)
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Urban PartnerscoreStrategic or Co-development Partner · 1 June 2026Urban Partners serves as property investor and developer for the five daycare center projects in Turku, owning the daycare properties and leasing them to the City of Turku under long-term rental agreements. Lapti is responsible for design and construction of the facilities.
• ARCO Architecture CompanycoreTechnology or Integration · 1 June 2026ARCO Architecture Company serves as lead and architectural designer for the Turku daycare center projects, providing design services for the new facilities.
• HIMLA Architects OycoreTechnology or IntegrationHIMLA Architects Oy serves as lead and architectural designer for the Tikkurila senior center project in Vantaa, responsible for architectural design of the 146-unit facility.
• Green Building Council Finland (FIGBC)minorOthersLapti is a member of Green Building Council Finland, a collaboration network working towards carbon-neutral built environment operating in circular economy and enabling sustainable quality life for people.
• Rakennusteollisuus RTminorOthersLapti is a member company of Rakennusteollisuus RT (Construction Industry Federation) and actively participates in working groups developing construction industry operations.
• A-Insinöörit (Rakennuttaminen Oy, Suunnittelu Oy)coreStrategic or Co-development PartnerA-Insinöörit forms part of the KYS Uusi Sydän alliance, providing construction management and design services alongside Lapti for the Kuopio University Hospital development project.
• Arkkitehdit Kontukoski OycoreTechnology or IntegrationPart of the KYS Uusi Sydän alliance providing architectural design services for the Kuopio University Hospital development project.
• Granlund OycoreTechnology or IntegrationPart of the KYS Uusi Sydän alliance providing technical building services engineering for the Kuopio University Hospital development project.
• Arkkitehtitoimisto PerkocoreTechnology or IntegrationArchitectural design firm for Myllypelto school project in Raisio, providing architectural and main design services.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SRV Yhtiöt: Finnish construction and project development firm focused on commercial, office, retail, and residential builds. SRV overlaps significantly with Lapti in shopping centers, municipal projects, and developer-led residential schemes in the Helsinki metropolitan area and other growth regions.
• Bonava: Nordic residential developer spun off from NCC, focused on developing and building multi-family housing in Finland and the Nordics. Bonava directly overlaps Lapti's RS housing development and residential apartment business in the Helsinki metropolitan and growth-region markets.
• YIT Corporation: Finland's largest construction company, active in residential, commercial, and infrastructure. YIT is the most directly comparable peer, operating across the same geographies, customer segments (municipalities, developers, healthcare/education), and project types as Lapti, but at materially greater scale.
• Consti: Finnish construction services firm focused on renovation, building services engineering, and technical contracting. Consti is comparable to Lapti on the building-services-engineering (talotekniikka) and healthcare/education renovation side of the business.
• Hartela: Privately held Finnish construction firm specializing in residential, commercial, and care/educational buildings with a similar regional footprint to Lapti. Hartela's focus on residential development and care facilities makes it a near-direct peer in size, customer base, and project mix.

Regional players

• Destia: Finnish infrastructure and building contractor owned by Ahlstrom Capital, with strong presence in municipal civil engineering. While more infrastructure-weighted than Lapti, Destia competes with Lapti in certain municipal tendering categories and has similar public-sector relationships.

Broad incumbents

• Skanska Finland: Local entity of Swedish-listed Skanska, one of the world's largest construction groups. Skanska Finland competes with Lapti for municipal, healthcare, education, and commercial buildings, particularly in the Helsinki region, but operates as part of a much broader Nordic/global portfolio.
• NCC Suomi: Finnish arm of Swedish-listed NCC, a diversified Nordic construction group active in commercial building, housing, and civil infrastructure. NCC is a broad incumbent in the Finnish non-residential construction market with overlapping customer relationships (municipalities, healthcare providers, developers).
• Peab: Swedish construction and civil engineering group with a Nordic footprint. While primarily Swedish, Peab operates in Finland on commercial-building and housing projects, representing a broader competitive threat in the cross-border contractor pool.

Emerging players

• Fira: Finnish construction and real estate development firm active in commercial property, residential development, and modular construction. Fira is smaller than Lapti but pursues similar institutional-investor build-to-lease projects, particularly in daycare and senior care, making it an emerging peer in Lapti's service-facility niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/laptirakentaa
• Facebookfacebook.com/RakennusliikeLapti

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lapti Group