KEEPING OUT THE WEATHER Krimelte is a global technology leader in the development and manufacture of joint sealants, coatings and facade solutions. Philip Yorke talked to Jaan Puusaag, the company’s CEO, about its latest innovative products and move into new markets.
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rimelte OU is part of the Estonian Wolf Group, and a leading European producer of joint sealants, applicators and insulating foams. The company was founded in 1994 and full production began in Estonia in 1998. Krimelte made a very quick transition from a retailer to bring a major manufacturer, and today exports its products to over 50 countries worldwide. Due to the extreme climatic conditions in Estonia, the company set itself the highest
quality standards from the outset in terms of both products and materials. Around 50 per cent of all Krimelte products are manufactured as private-label brands for many of the world’s leading retailers. The company’s historic involvement in the retail sector has provided it with a unique insight into the global retail market. Today, Krimelte is a major global player and employs over 250 people and in 2012 recorded sales approaching €100 million.
Strong growth in export markets In 2012, Krimelte delivered its best financial results to date, thanks to a combination of high-quality, innovative products and strong sales to its export markets. As part of the Wolf Group, the company exports construction foams, joint sealants and breathable facade solutions to over 50 countries worldwide. Sales rose by 12 per cent last year to approach €100 million, with results being enhanced by a significant increase in pro-