News

Staffan Johansson has been appointed as the new CEO of Beijer Tech. Staffan Johansson currently serves as CEO of Lundgrens, Beijer Tech’s largest business, as well as Business Area President for Fluid Technology. He will replace Staffan Andersson, who is moving on to a senior position outside the Group.

Staffan Johansson will assume his new role by December 1 at the latest. He is 43 years old, holds a master’s degree in engineering and has extensive experience from international, industrial operations. Since 2016, he has served as CEO of Beijer Tech’s largest company, Lundgrens, as well as Business Area Manager for Fluid Technology. Prior to that, Staffan Johansson worked at Stena Technoworld, where he held various positions including Managing Director of the company’s German operations.

Beijer Tech specializes in industrial trading and manufacturing. The company’s revenues in 2018 amounted to MSEK 913. Its operations have undergone changes in recent years with the aim of increasing the added value of its products and services through both organic growth and acquisitions. These measures have resulted in tangible earnings improvements.

“Outgoing CEO Staffan Andersson has made valuable contributions to the development of Beijer Tech. We would like to thank him for the time he has spent at the company and wish him continued success in his new role,” says Henrik Perbeck, President and CEO of Beijer Alma.

As Business Area Manager for Fluid Technology, Staffan Johansson has already been heavily involved in the ongoing development of Beijer Tech.

“Staffan is a highly regarded leader who has carried out effective change initiatives in the company’s largest business. He has also contributed to successful acquisitions within Fluid Technology, such as Svebab, Packningar & Plast and Codan. He is therefore the right person to lead Beijer Tech’s continued journey of growth.”

“I look forward to continuing to develop Beijer Tech’s operations together with the company’s employees. And we will do so based on our decentralized business model, which encourages local business acumen and an individual sense of responsibility. This approach has proven successful, both when it comes to managing acquisitions and in the further development of existing operations,” says Staffan Johansson.

For further information, please contact: 
Henrik Perbeck, President and CEO of Beijer Alma AB, Tel: +46 8 506 427 50

Beijer Alma’s subsidiary Beijer Tech has today, through its Finnish subsidiary Beijer Oy, acquired the shares in KTT Tekniikka Oy.

KTT Tekniikka offers a broad range of mechanical power transmission products and service for the Finnish market. The company reported revenues of MEUR 7.5 for 2018 with favorable profitability and has numerous customers in various industries, including the pulp and paper, engineering and processing industry.  

Beijer Tech’s President, Staffan Andersson, commented on the transaction: “The acquisition of KTT Tekniikka will strengthen Beijer Tech’s market position in Finland and enable the company to establish a presence in the area of mechanical power transmission, a new segment in our Industrial Products business area.” 

Beijer Alma’s CEO, Henrik Perbeck, commented on the transaction: “We are pleased to have acquired this well-run company, which is an good complement to Beijer Tech’s operations and will contribute to our continued international expansion. This is Beijer Tech’s second acquisition in the Finnish market in a short period of time, which has enabled the company to double its sales and presence in Finland.” 

Mikko Pekkola, CEO and co-founder of KTT Tekniikka, commented on the transaction: “We are very pleased to have Beijer Tech as our new owner. We look forward to working together to continue to develop the company and further strengthen our market position.” 

For further information, please contact:
President of Beijer Tech, Staffan Andersson, +46 72 247 47 36
President and CEO of Beijer Alma, Henrik Perbeck, +46 18 15 71 60

Beijer Tech has today entered into an agreement through Lundgrens Sverige AB, to acquire the shares of Codan AS in Norway from the Norwegian company Albert E. Olsen AS.

Codan AS is a full-service supplier of hoses, couplings and injection systems, with revenues of MNOK 33 in the Norwegian market in 2018.  In addition to wholesale operations, the company also offers service and manufacturing of customized steel hoses and other products. 

Comments from Beijer Tech’s President, Staffan Andersson, on the acquisition: “The acquisition of Codan AS is an important milestone for the Fluid Technology business area, to which Lundgrens Sverige AB belongs. The transaction has enabled Lundgrens to establish a presence in the Norwegian market through its broad product range of hoses, couplings and industrial rubber.  Together with Codan AS, the company will form a leading Nordic wholesaler business with excellent development potential.”

Comments from Beijer Alma’s CEO, Henrik Perbeck, on the transaction: “Through this acquisition, Beijer Tech has shown its potential to expand its leading Swedish operations to an international level and create companies with a strong local presence that can benefit from central purchasing and cost synergies.”

The seller, Albert E. Olsen AS (AEO), is a nationwide supplier of personal protection equipment, tools and consumables for the industrial, construction and fishing sectors. Comments from AEO’s President, Frode Størdal, on the transaction: “We are delighted over Beijer Tech’s acquisition of Codan AS. This will ultimately create a highly robust player in the Norwegian market, and we look forward to a strong partnership between AEO and Codan AS through the company’s new owner, Lundgrens.”

For further information, please contact:
President of Beijer Tech, Staffan Andersson, +46 72 247 47 36
President and CEO of Beijer Alma, Henrik Perbeck, +46 18 15 71 60

Beijer Tech has today entered into an agreement to acquire the shares in Encitech Connectors AB in Halmstad.

The company is a Swedish manufacturer and distributor of electronic components for the industrial sector, with revenues of approximately MSEK 50 and favorable profitability. Half of the company’s revenues are derived from proprietary products and 70 percent of its products are exported to customers in some 20 different countries.

Beijer Tech’s President, Staffan Andersson, commented on the transaction: “I’m pleased that we have acquired this profitable and well-managed company which offers ample growth opportunities. We look forward to developing the company further together with its previous owners.”

Beijer Alma’s CEO, Henrik Perbeck, commented on the transaction: “Through this acquisition, Beijer Tech is showing new opportunities for profitable growth. Beijer Tech serves as a platform for acquisitions and is a good home for industrial manufacturing and trading companies.”

For further information, please contact:
President of Beijer Tech, Staffan Andersson, +46 72 247 47 36

Beijer Tech has today entered into an agreement to acquire the assets and liabilities in the Finnish company Uudenmaan Murskaus.

The company sells spare and wear parts for rock crushers with revenues of approximately MEUR 2 and favorable profitability.

Comments from Beijer Tech’s President Staffan Andersson on the acquisition: “I’m pleased that we have acquired this profitable and well-managed company with good growth opportunities, that is a good fit with our operations in Finland.” 

Comments from Beijer Alma’s President and CEO Henrik Perbeck on the acquisition: “This transaction is another example of the solid platform Beijer Tech provides for acquisitions and as a home for companies in industrial trading.”

For further information, please contact:
Staffan Andersson, President of Beijer Tech AB, Tel: +46 72 247 47 36

Beijer Tech has today entered into an agreement to acquire Packningar och Plast AB, a manufacturing company located in Norsborg outside Stockholm.

The takeover is expected to be completed in the second quarter of 2018.

The company, which was formed in 1984, supplies gaskets, seals and plastics to Swedish industry. Its revenues in 2016 amounted to approximately MSEK 20 and the company has favorable profitability as well as a broad customer base.

Comments from Beijer Tech’s President, Staffan Andersson, on the acquisition: “I’m pleased that we have acquired this well-managed company, which is an excellent match with our Fluid Technology business area and the focus there on increased manufacturing and refinement.”

Comments from Beijer Alma’s President and CEO, Bertil Person: “Beijer Tech is carrying out its second acquisition in a short period of time and Packningar och Plast will further strengthen the market position of the Fluid Technology business area.”

For further information, please contact:
President of Beijer Tech, Staffan Andersson, +46 72 247 47 36

Beijer Tech has today acquired Svenska Brandslangsfabriken AB (Svebab), a fire hose manufacturer situated in the town of Skene outside Gothenburg, Sweden

In addition to fire hoses, the company also sells ancillary products. The fire hose industry is characterized by exacting quality requirements due to the extreme, dangerous situations that arise during firefighting efforts. Having conducted manufacturing operations since the 1930s, Svebab is a leader in the market and the only Swedish fire hose producer. The company generates revenues of approximately MSEK 40 with favorable profitability and exports account for 20 percent of its sales.

Comments from Beijer Tech’s President, Staffan Andersson, on the acquisition: “Svebab is a well-managed niche company with a very strong market position. I’m pleased that we were able to complete this acquisition, which is an excellent match for our Fluid Technology business area.”

Comments from Beijer Alma’s President and CEO, Bertil Persson: “Beijer Tech has been through a difficult period of declining volumes and cost adjustments. It feels very gratifying to now take more aggressive action through the acquisition of this first-rate company, which will broaden our customer offering.”

For further information, please contact: 
President of Beijer Tech, Staffan Andersson, +46 72 247 47 36

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