Picote

What Picote does

Picote Group is a Finnish-founded, privately held manufacturer and service provider specializing in trenchless in-building pipe rehabilitation. The company originated as a Finnish construction and rehabilitation contractor in the early 1990s and pivoted in 2008 toward developing proprietary equipment — most notably the Picote Miller line — for cleaning, descaling, and rehabilitating drains, sewers, and water pipes without excavation. The core product portfolio is organized as an integrated workflow: high-speed rotating Millers (ProLITE 6 & 8, Mini, Midi, Super Midi, Maxi, Maxi Power+, plus battery-powered and CCTV-integrated variants) for cleaning and preparation; Picote Brush Coating™ for epoxy-based pipe coating; CIPP lining tools (inversion drums, packers, smart control units, steamers) for cured-in-place rehabilitation; and Picote Flexi-Sliplining™ for flexible pipe insertion. Supporting accessories include drill chains, lateral cutters (including the award-winning Smart Cutter™), grabbers, concrete/liner removal tools, robotic tools for larger diameters, and proprietary 100% solids epoxy resins. The Picote Group holds more than 200 patents across its companies, with founder Mika Lokkinen personally credited with over 130 international patents.

Picote operates four legal entities across Finland (Picote Oy Ltd and Picote Solutions Oy Ltd), the UK (Picote Solutions UK Ltd, with offices in Wokingham and Scotland), and the USA (Picote Solutions Inc., Phoenix, AZ). The company employs 100+ people globally and generates revenue through three streams: (1) hardware and consumable sales distributed via 100+ certified resellers across 40+ countries, (2) direct pipe-rehabilitation contracting services in Finland (more than 1,000 major projects completed and 20,000+ apartments renovated since 2008), and (3) training and technical consulting via the Picote Institute, including e-learning, virtual training, and certification at training centers in Finland, UK, and USA. Pricing is not publicly disclosed and is set through the reseller network. The company is bootstrapped, with EU grant funding supporting specific R&D programs such as the Mega Miller Project, and reports no venture capital funding.

Name

Picote

Legal name

Picote Group (comprising Picote Solutions UK Ltd, Picote Solutions Oy Ltd, and Picote Solutions Inc.)

Website

https://picote.fi

Company type

Private

Founded year

2008

Operating status

Operating

Short description

Picote Group designs, manufactures, and services proprietary trenchless pipe rehabilitation equipment — including high-speed Millers, CIPP lining tools, epoxy brush coating systems, and the award-winning Smart Cutter™ — serving drain and sewer rehabilitation contractors and property managers globally through 100+ certified resellers across 40+ countries.

Ownership category

akta.pro rank

Product category

Trenchless Pipeline Rehabilitation Equipment

NAICS

Fabricated Pipe and Pipe Fitting Manufacturing (332996), Plastics Pipe and Pipe Fitting Manufacturing (326122)

SIC

Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC)

akta.pro secondary industry

Pipe Fittings, Couplings & Connectors (IMADALAD)

Keywords

• Trenchless pipe rehabilitation
• Drain cleaning equipment
• CIPP lining systems
• Brush coating technology
• Flexible sliplining

Headquarters

HQ city

Porvoo

HQ country

Finland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment and Tool Sales: Sale of high-speed millers, cleaning tools, coating systems, lining equipment, and accessories to contractors through a global reseller network. Products include Mini/Midi/Super Midi/Maxi Miller series, coating pumps, CIPP lining tools, and specialty robot tools.
2. Contracting Services: In-house pipe rehabilitation contracting services in Finland, including drain cleaning, CIPP lining, brush coating, and Flexi-Sliplining for residential buildings from single family homes to multi-storey apartments.
3. Training and Technical Support: Training services through Picote Institute including certified courses at training centers, virtual training, and on-site technical training. Also includes international technical consulting and project planning services.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Picote designs, manufactures and sells proprietary equipment for trenchless in-building pipe rehabilitation, including high-speed Millers (Mini through Maxi Power+ and ProLITE series), Picote Brush Coating™ epoxy systems, CIPP lining tools, and Picote Flexi-Sliplining™ pipe renewal systems. The company sells exclusively through a global network of over 100 certified resellers and provides direct contracting, technical consulting, and certified training through the Picote Institute in Finland, UK, and USA.

Product overview

Picote offers a comprehensive integrated system of trenchless pipeline rehabilitation products and services. The core portfolio centers on high-speed Millers (ranging from Mini to Maxi Power+ sizes) for drain cleaning and preparation, complemented by specialized tool lines including drill chains, lateral cutters, grabbers, and removal tools. The company provides three main rehabilitation technologies: Picote Brush Coating™ (100% solids epoxy coating), CIPP Lining (cured-in-place pipe), and Flexi-Sliplining (flexible pipe insertion). Supporting this are accessory systems for mixing, heating, curing, and controlling the rehabilitation process. Services include contracting, international technical consulting, and the Picote Institute training platform. The products work as an integrated workflow from inspection and cleaning through to coating/lining and final reinstatement, with robot tools available for larger diameter pipes. Picote holds over 200 patents globally for its rehabilitation technologies.

Differentiator

Problem solved

Functional benefit

Products and services

• Picote Millers (ProLITE 6 & 8, Mini Miller, Mini Cleaner, Midi Cleaner, Super Midi, Maxi Miller, Maxi Miller Plus, Maxi Power+) High-speed rotating shaft machines for drain cleaning, descaling, blockage removal, and pipe rehabilitation. Available in sizes from mini to maxi for pipes ranging DN32 to DN300, with shaft sizes from 8mm to 18mm. Used by contractors for drain and sewer rehabilitation inside buildings from single family homes to multi-storey apartments.
• Mini Multi-Cutter Multi-functional cutter for reinstating connections, removing concrete, and removing failed linings from main line or stack pipes. Developed in strategic partnership with BZ-BOTS. Used by trenchless rehabilitation contractors.
• Smart Cutter™ Patented lateral cutting tool for reinstating connections and removing excess CIPP lining. Award-winning technology (ISTT Product of the Year 2012) that revolutionized in-house pipe rehabilitation. Used by trenchless rehabilitation contractors for drain reinstatement work.
• Picote Brush Coating™ System

Quantifiable outcome

• More than 20,000 apartments renovated since 2008 using Picote methods
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• BrawolinercoreChannel Partner/ Reseller/ Distributor · 1 January 2012First international reseller agreement signed with Brawoliner in 2012. This marked Picote's entry into international markets, beginning the process of sharing expertise with other contractors worldwide.
• BZ-BOTScoreStrategic or Co-development PartnerStrategic development partnership for the Mini Multi-Cutter, developed in association with BZ-BOTS. Joint product development for specialized robotic cutting tools.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Brawoliner: German manufacturer of CIPP liner systems and trenchless pipe rehabilitation equipment. Already a Picote reseller since 2012, but operates competing CIPP liner products and rehabilitation methods — making it both partner and competitor in the same trenchless category.
• AP/M Permaform: Manufacturer of centrifugal-cast pipe rehabilitation systems and equipment for sewer and drain renewal. Competes with Picote's brush coating and sliplining technologies in the structural pipe rehabilitation category.
• Saertex: Manufacturer of fiberglass-reinforced CIPP liners and UV-cure rehabilitation systems. Competes with Picote's CIPP offering by supplying liner materials and equipment to contractors in the trenchless rehabilitation market.
• HammerHead Trenchless: Manufacturer of trenchless pipe rehabilitation equipment including point repair systems, CIPP bladders, and lateral lining tools. Directly competes with Picote in the in-building drain rehabilitation equipment market with overlapping customer base of plumbing and sewer rehabilitation contractors.
• Vortex Companies: Provider of trenchless sewer rehabilitation products, equipment, and contracting services. Operates spray-applied coating systems (similar to Picote Brush Coating) and CIPP solutions, with both equipment sales and direct contracting — directly mirroring Picote's integrated business model.
• Rädlinger Zauscher (TRACTO Group): German manufacturer of trenchless technology equipment including pipe bursting, lining systems, and rehabilitation tools. Competes with Picote in the broader trenchless rehabilitation equipment market, with overlap in CIPP and sliplining solutions.
• Perma-Liner Industries: US-based manufacturer of CIPP lining systems, resins, and trenchless pipe rehabilitation equipment serving North American contractors. Competes head-to-head with Picote in the US market for CIPP and brush coating applications.

Broad incumbents

• Trelleborg (Pipe Rehabilitation): Diversified industrial polymer and sealing solutions group with a pipe rehabilitation business unit offering CIPP liners and seals. Brings broader portfolio scale and global reach to trenchless rehabilitation, competing with Picote's CIPP and coating solutions.
• Sekisui Chemical (Pipe Rehabilitation): Japanese chemical and infrastructure company with a SPR (pipe rehabilitation) business offering CIPP and spiral-wound lining systems. Provides direct competition in trenchless rehabilitation from a much larger diversified industrial platform.

Emerging players

• CIPP Solutions: Emerging US-based provider of CIPP lining solutions and trenchless rehabilitation equipment serving smaller contractors. Partial overlap with Picote's CIPP starter packages and equipment offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/Picotesolutions
• Facebookfacebook.com/PicoteSolutions
• LinkedInlinkedin.com/company/picote-oy-sukitus
• Instagraminstagram.com/picote_solutions

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Picote