Gebwell sets its sights on growth and begins search for a new CEO

The Board of Directors of Gebwell Oy, a manufacturer of heat pump and district heating solutions, has initiated the search for a new CEO. The company is aiming for strong, profitable growth both in Finland and internationally. The goal is to find a CEO who will lead the company’s next stage of development over the long term.

Gebwell’s Board of Directors and current CEO Martti Artama have jointly agreed that, as the Board begins planning a new strategy period focused on growth, Artama will step down from his role as of 14 September 2026. During the search for a new CEO, the company will be led by interim CEO Kimmo Kedonpää, a member of Gebwell’s Board of Directors. He has extensive industrial experience, including as CEO of Pipelife Finland.

Anssi Lehikoinen, Chair of Gebwell’s Board of Directors, thanks Martti Artama on behalf of the entire company for his contribution to Gebwell.

“Martti moved from the company’s Board of Directors to the role of CEO during a period of change. Under his leadership, Gebwell has focused on improving the quality and efficiency of its operations, while also investing in product development, sales and employee experience. These measures have created the conditions for us to now move forward and focus on strengthening growth. Gebwell’s revenue development is positive across all market areas and business segments. We are a forerunner in heat pumps using natural refrigerants. The company’s profitability is also developing positively,” says Lehikoinen.

Arespartners Oy, with Janne Marttinen as the contact person, is supporting the company’s Board of Directors in the recruitment of the new CEO. Those interested in the CEO position at Gebwell may contact him directly: janne.marttinen@arespartners.fi / +358 400 426 127.

Further information:

Anssi Lehikoinen, Chair of the Board of Directors, anssi.lehikoinen@kpy.fi / +358 50 328 2648

Gebwell Ltd. is a Finnish company founded in 2006, specialising in heating and cooling solutions for properties. The company’s headquarters, product development and manufacturing are located in Leppävirta, Eastern Finland. Gebwell designs and manufactures equipment for connecting properties to district heating networks, as well as for utilising geothermal energy and various sources of waste heat. Its product portfolio includes heat pumps, district heating substations and energy storage tanks.

The Gebwell Group includes subsidiaries operating in Sweden and Poland, as well as Pivaset Oy and Pertemet Oy, both based in Leppävirta. Pivaset manufactures fire-extinguishing products, while Pertemet specialises in contract manufacturing of metal products. In 2025, the Group’s turnover was approximately €48 million, and the Group employs approximately 280 people.