Aspo Plc

https://www.aspo.com

Aspo Plc is a Finnish conglomerate focused on owning and developing business operations sustainably and for the long term, primarily within B-to-B industrial services, logistics, and trade. Headquartered in Espoo, Finland, the company's mission is to create value by enabling future-proof choices for its customers. Rolf Jansson serves as the CEO.

The company operates through two main businesses: ESL Shipping and Telko. ESL Shipping is a leading carrier of dry bulk cargo in the Baltic Sea, providing sea transportation of raw materials for industries such as steel and forest, with a strong focus on sustainable development and energy-efficient vessels. Telko is a prominent distributor and solution provider for plastics, industrial chemicals, and lubricants, serving customers across 18 countries with an emphasis on long-term relationships and material efficiency.

In recent developments, Aspo completed the divestment of its Leipurin business in March 2026, a move intended to support Telko's growth through acquisitions. Following this, Telko launched its new "Telko Beyond" strategy in June 2026 to accelerate growth, and ESL Shipping and its subsidiary AtoB@C Shipping are uniting under a single ESL Shipping brand. Aspo is also exploring strategic alternatives, including the potential to form two separate listed companies or divest ESL Shipping, to maximize shareholder value.

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