New company and new MD for Allu

17 April 2020

Allu Group has created a new company to develop future attachment technology, solutions and equipment.

Allu Innovation and Research Centre will operate as a separate corporate entity alongside other group companies, but independent from the existing manufacturing, production and general operational structure.

Peter Grönholm becomes Allu Finland managing director on July 1

Peter Grönholm is Allu Finland managing director from July 1

It will form the cornerstone of Allu’s ongoing research and development programme and the company envisages that following successful testing and fine tuning, applicable new innovations will be incorporated into new Allu products which will subsequently be introduced to market.

The new company will be headed by Markku Jonninen, Allu Group founder and chairman of the board.

The company has also named the new managing director of Allu Finland. Peter Grönholm, who will join on July 1, has extensive experience in sales, marketing and supply chain management and as a managing director of international organisations in Finland, the Nordic countries and the USA.

He is currently vice president, supply chain and operations in Germany for Cavotec Group a supplier of industrial equipment.

“Our strategy is for profitable growth, earnings and internationalization,” said Markku Jonninen.

“Peter is a result and solution-focused, well-thought-off team player, in addition to which he has achieved great results with strong leadership skills. Peter’s experience in international business also played a significant role in the selection.”

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