Duell Oyj

Duell is streamlining its operations and plans to transfer its warehouse operations in Tampere to Mustasaari and Tranås

22.9.2025 10:00:01 EEST | Duell Oyj | Other information disclosed according to the rules of the Exchange

Duell Corporation is streamlining its operations and plans to reduce the number of warehouses in the Nordic countries from three to two by transferring its Tampere (Finland) warehouse operations, which focus on bicycle products, to Mustasaari (Finland) and Tranås (Sweden). The aim is to complete the planned transfer by the end of the second quarter of 2026. 

As part of the planned transfer, Duell starts change negotiations with all warehouse and production personnel in Tampere on 29 September 2025. A maximum of 15 employees will be involved in the negotiations, in accordance with local requirements for negotiations with employee representatives. These negotiations will not affect Tampere's purchasing, product management, IT, sales and marketing personnel. The measure is expected to generate annual savings of around EUR 500,000, as well as one-off costs of around EUR 400,000 in the first half of the 2026 financial year.

Further information:

Magnus Miemois, CEO
Duell Corporation
+358 50 558 1405
magnus.miemois@duell.eu

Pellervo Hämäläinen, Communications and IR Manager
Duell Corporation
+358 40 674 5257
pellervo.hamalainen@duell.eu

Certified Advisor 

Oaklins Finland Ltd,
+358 9 612 9670

Duell Corporation (Duell) is an import and wholesale company based in Mustasaari, Finland, established in 1983. Duell imports, manufactures, and sells products through an extensive distribution network in Europe covering approximately 8,500 dealers. The range of products includes over 130,000 items under more than 500 brands. The assortment covers spare parts and accessories for Motorcycling, Bicycling, ATVs/UTVs, Snowmobiling, Marine and Garden/Forest categories. Logistics centres are in Finland, Sweden, Netherlands, France, and the UK. Duell’s net sales in 2024 was EUR 125 million and it employs over 200 people. Duell’s shares are listed on the Nasdaq First North Growth Market Finland marketplace. www.duell.eu.

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