Mirka Ltd.

Mirka Ltd. specializes in developing and manufacturing high-quality abrasives and sanding tools, serving diverse industries like automotive, marine, and construction with innovative solutions for enhanced productivity and quality finishes. Founded in 1943 in Jeppo, Finland, Mirka Ltd. is known for its advancements in abrasive technologies.

The company operates globally and has a notable presence in North America, Europe, and the Asia-Pacific region. Stefan Sjöberg currently serves as CEO, leading the company in its strategic initiatives. Mirka specializes in the development and manufacturing of abrasives, sanding tools, and polishing compounds that cater to various industries, including automotive, marine, construction, and woodworking. Their flagship products include the upgraded DEROS® II and DEOS® II power sanders, which feature advanced dust-free sanding technology, and the new Ultimax® Ligno abrasive designed specifically for wood sanding applications.

The DEXOS® 1217 M AFC dust extractor is engineered for high efficiency, providing a seamless workflow in conjunction with their sanding tools. These products are aimed at enhancing productivity, ensuring a cleaner working environment, and improving the quality of finishes across applications. Mirka's customer base includes professional contractors, manufacturers, and industrial users primarily located in North America, Europe, and the Asia-Pacific region. In 2023, Mirka generated a revenue of USD 319.

53 mn, with an EBITDA of USD 71. 79 mn. The company operates on a B2B model, focusing on wholesale distribution and direct sales to professional users across various sectors. The revenue is derived from their diverse product line, including proprietary offerings such as Abranet® net abrasives and the Mirka DecoSander, sold through partnerships with retailers and direct transactions to businesses in need of high-quality sanding and polishing solutions.