Allaway Oy and Puzer appoint new Managing Director as long-serving Managing Director prepares to retire

Timo Louhivaara (M.Sc. Econ.) has been appointed as the new Managing Director of Allaway Oy and Puzer (KP-Tekno Oy), central vacuum cleaner businesses owned by Stephen Industries Inc Oy. Louhivaara will join Allaway Oy and Puzer as Managing Director no later than the beginning of 2027, moving from his current role as CEO of Kuljetusliike Taipale Oy. He brings extensive leadership experience, broad business expertise and strategic insight to support the companies’ continued development and drive their international growth.

“I am very excited to take on the role of Managing Director of Allaway and Puzer. Both companies have strong expertise, well-established market positions and an excellent foundation for long-term business development. I look forward to continuing to develop the companies together with their highly skilled teams. I see significant opportunities for international growth in particular. Our goal is to further strengthen the companies’ competitiveness, develop the businesses with a clear sense of purpose and build sustainable growth in both existing and new markets,” says Timo Louhivaara, incoming Managing Director.

“We are delighted to welcome Timo Louhivaara to lead Allaway Oy and Puzer into their next phase of development. We are confident that his expertise and experience provide an excellent foundation for continuing to develop the companies successfully together with their employees, customers and partners,” says Kustaa Poutiainen, Chairman of the Board.

Kari Kakko, the long-serving Managing Director of Allaway Oy and Puzer, will retire at the end of the year. Kakko has successfully led Puzer for 20 years and has also served as Managing Director of Allaway Oy since its acquisition. He has played a key role in the development of both companies and in strengthening their businesses.

“We would like to extend our warmest thanks to Kari Kakko for his many years of valuable service to Puzer and Allaway Oy. Under his leadership, the companies have grown, developed and strengthened their positions in the market. His commitment, leadership and expertise have made a significant contribution to the companies’ success. We wish him all the very best and a fulfilling retirement,” says Kustaa Poutiainen, Chairman of the Board.