Company presentation

Initial company For-Man Trade Oy was founded on 20.10.1993.
Registration as Exact Tools Oy on  05.11.2001 when the company started focusing on plumbing tools.

Registration number: 572.232
VAT number: FI09453444
Domicile: Helsinki, Finland
Legal form: PLC (private limited company)

Vision

  • To introduce Exact pipe cutting technology globally.
  • To be the most innovative manufacturer of pipe cutting tools.

Mission

  • To develop innovative portable solutions for pipe cutting.
  • To constantly innovate and develop new products and accessories by an ongoing R&D program.
  • To focus on innovative solutions by outsourcing manufacturing and to create a global distribution network.
  • To increase the share value.

The history of private label production

2003 Orbitalum Tools GmbH (former Georg Fischer RVT) contacted Exact and asked if could we produce our product under their +GF+ brand. Our first private label deal was done.
 
2004 T-Drill Oy contacted us and asked for private label products. Second private label deal with T-Drill Oy / T-Drill inc.
 
2005 Asada Corporation visited our office in Helsinki and asked for private label products for Japanese markets. Third private label deal with Asada Corporation.
 
2006 Rothenberger Spain office contacted us. Fourth private label deal with Rothenberger Group.
 
2007 Fifth private label deal with Victaulic Europe.
 
2009-2010 Global recession began. Exact Tools Oy was facing the fact that the sales of big private label customers does not grow anymore. Exact Tools Oy made a decision to start new strategy in sales.
 
2012 Exact gives up private label customers (except Asada Corporation) and focuses in developing and marketing Exact brand.