The acquisition between Inka Oy and Piippo Oyj has now been officially confirmed. As part of the agreement, Manilla Oy will become a wholly owned subsidiary of Inka Oy as of October 31, 2025.
The acquisition supports Inka’s growth strategy and strengthens its position as a leading Finnish supplier of webbing and rope products. The merger opens new opportunities across the industrial, consumer, and retail sector, while enhancing Inka’s ability to develop innovative solutions for various industries.
“This is a natural next step in our growth and expansion strategy. By combining Inka’s manufacturing expertise with Manilla’s well-established distribution network, we can offer our customers a wider product range, faster service, and new solutions. For our customers, this means greater convenience and reliability – they can now source both industrial webbings and tapes as well as consumer products, ropes and binding solutions all under one roof. The acquisition also opens new channels and opportunities for growth in the retail market.” says Sirpa Heinämäki, CEO of Inka Oy.
Manilla Oy will continue to operate under its own brand as part of the Inka Group, with its current product range remaining unchanged. Customer service contacts and deliveries will continue as before. The acquisition enables more efficient use of Inka’s production capacity and expertise, further strengthening the role of Finnish work and craftsmanship.
“Both Manilla and Inka represent a long Finnish tradition of quality and craftmanship. By joining forces, we are building sustainable growth and ensuring that our customers continue to receive high-quality products born from Finnish expertise. ” adds Lauri Hirvonen, Business Director of Manilla Oy.
Inka Oy
Inka Oy is a Finnish family-owned company and the leading manufacturer of technical narrow fabrics in the Nordic region. The company manufactures woven and braided webbings, cords and elastic bands used in demanding applications such as defense, textile, logistics, and automotive industries. Inka was founded in 1898 and employs around 40 professionals.
Founded: 1898
Employees: 40
Location: Killinkoski, Finland
Core expertise: Webbing products
Manilla Oy
Established in 2019, Manilla Oy, is an importer and wholesaler of consumer products related to tying, fastening, and lifting. The company serves retail chains and business customers in Finland and nearby markets. Manilla also has deep historical roots in Finland – its origins date back to 1928, making it the oldest rope industry player in the country.
Founded: 2019
Employees: 5
Location: Outokumpu, Finland
Core expertise: Rope products, wholesale
For more information:
Sirpa Heinämäki
CEO, Inka Oy
+358 50 385 6204
