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Beijer Tech has today acquired the majority of the shares in Mountpac AB, a manufacturer and supplier of customized components in different materials.

Mountpac was founded in 2001 as an installation and packaging company. Through a strong customer focus and responsive approach, the company has since transformed into a complete supplier with extensive customer collaborations. With its proprietary sheet manufacturing and a broad supplier base, Mountpac assists its customers with everything from individual customized stamping parts to complex products, often with full responsibility from construction to packing and distribution. The company has 16 employees and sales of about MSEK 50 with favorable profitability.
 
The acquisition is in line with Beijer Alma’s model for value-adding acquisitions and Beijer Tech’s strategy of acquiring profitable companies in attractive niches with good growth potential and high value add.
 
“Through its customer-focused strategy and flexibility, Mountpac has delivered profitable growth for a long time and established a long-standing relationship with its customers. The company’s niche profile, attractive growth and customer-centric dialogue are well aligned with our acquisition strategy. I therefore look forward to continuing to develop Mountpac together with the minority owners,” says Staffan Johansson, President of Beijer Tech.
 
“We are pleased to welcome Beijer Tech as a long-term industrial owner. We look forward to continuing to grow our business in a decentralised structure with the support of Beijer Tech’s network, expertise and capacity to invest for profitable growth,” says Samuel Wärnelöv, President of Mountpac.
 
Through the transaction, Beijer Tech has acquired 85 percent of the shares in Mountpac and 100 percent of the shares in Mountpac Fastigheter AB. Both acquisitions will close today. Following the transaction, the three former owners will remain as operating minority owners to further develop the company. The acquisition is expected to have a marginal positive impact on Beijer Alma’s earnings per share.

If you have any questions, please contact:

President and CEO of Beijer Alma, Henrik Perbeck, +46 18 15 71 60

About Beijer Alma AB

Beijer Alma AB is an international industrial group focused on component production and industrial trading. The Group includes three subsidiaries: Lesjöfors, one of Europe’s largest spring manufactures; Habia Cable, one of Europe’s largest manufacturers of custom-designed cables; and Beijer Tech, which holds strong positions in Nordic industrial trading and manufacturing in niche markets.
Beijer Alma is listed on the Nasdaq Stockholm Mid Cap list.

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Beijer Alma’s subsidiary Beijer Tech acquires Mountpac AB

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Beijer Tech has today acquired the majority of the shares in Swedish Microwave AB, a manufacturer of equipment for satellite communication to the global professional market.

Beijer Tech has today acquired the majority of the shares in Swedish Microwave AB, a manufacturer of equipment for satellite communication to the global professional market. 

Swedish Microwave’s (“SMW”) products are, among others, used within the marine industry, earth observation as well as among satellite and teleport operators. The products are characterized by technical complexity with stringent quality requirements. SMW has a strong focus on product development, enabled by a high degree of technical expertise. The company has 24 employees in Motala and revenue of about MSEK 50, with high profitability. 
 
The acquisition is in line with Beijer Alma’s model for value-adding acquisitions and Beijer Tech’s strategy of acquiring profitable companies in attractive niches with good growth potential and high value add.
 
Beijer Tech’s President, Staffan Johansson, commented on the transaction: “I’m impressed with the high level of technical expertise and strong market position that SMW has established. The company is well managed, niched and provides us with a new product area with exposure to a growing market, fully in line with our active acquisition strategy. I look forward to working together with the minority shareholders and employees to take the company to the next level.”
 
SMW’s President, Dennis Danielsson, commented on the transaction: “For us at SMW, this feels like a natural step in our ongoing growth journey. Beijer Tech is a long-term industrial owner and strategic partner that can help us take the next step. We look forward to continuing to grow the company with new and existing customers together with Beijer Tech.”
 
In the transaction, Beijer Tech acquires 80 percent of the shares in SMW with closing today. The four former owners will remain as operating minority owners following the transaction to further develop the company. The acquisition is expected to have a marginally positive impact on Beijer Alma’s earnings per share.

Beijer Alma | Beijer Alma’s subsidiary Beijer Tech acquires Swedish Microwave AB

Beijer Alma’s subsidiary Beijer Tech has today signed an agreement to acquire 85.6 percent of the shares in Källström Engineering Systems AB (“Källström”) The acquisition is expected to be finalized during the third quarter of 2021.

Källström designs and produces equipment for filling, mixing, and handling of corrosive liquids, primarily for the international battery industry. The company has a high degree of technical expertise with nearly 30 years of experience from the industry and a well-established brand with long-term customer relationships. Källström’s sales amount to approximately MSEK 35 with favorable profitability.

Staffan Johansson, President of Beijer Tech, comments on the transaction: “I’m impressed with the market position Källström has established, with a large share of international sales, and I’m pleased that we have made this acquisition. Källström is a well-managed niche company and provides Beijer Tech with a new product area in a sector with an exciting future.”

Following the transaction, the three former owners will remain as operating minority owners to further develop the business together with Beijer Tech. In connection with the transaction, Anders Källström, Managing Director of Källström, has chosen to take a new role as Technology Manager and to hand over the role of Managing Director to Jim Sandberg, the company’s current Construction Manager. The company’s third owner, Bo Johansson, will remain in his current role as Sales Manager.

Anders Källström comments on the transaction: “We look forward to continuing to develop our operations together with Beijer Tech. Through Beijer Tech, we are convinced that we have found the right strategic partner for the company’s long-term development and future growth.”

Henrik Perbeck, President of Beijer Alma comments on the transaction: “Through the acquisition of Källström, Beijer Tech continues its strategy of acquiring attractive companies in interesting niches with increasing value add.”

For further information, please contact:
President and CEO of Beijer Alma, Henrik Perbeck, +46 18 15 71 60
President of Beijer Tech, Staffan Johansson, +46 70 564 70 29
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Beijer Alma’s subsidiary Beijer Tech acquired 100 percent of the shares in Noxon AB from MVI today.

Noxon provides decanter centrifuges, polymer machines, control systems and after-sales services related to water treatment in several applications. The company’s customers primarily comprise municipal wastewater treatment plants as well as customers in other industries, such as fishing, recycling, chemical, paper, and oil and gas. Its main markets are Sweden, Finland, Norway and Poland. The company has 38 employees and sales of about MSEK 70 with favorable profitability. Noxon will be part of Beijer Tech’s Fluid Technology business area.

Beijer Tech’s President, Staffan Johansson, commented on the transaction: “Through the acquisition of Noxon, we are continuing to invest in Fluid Technology, adding new products and customer segments such as water treatment plants. The company has an attractive mix of machinery sales and after-sales services, with a strong market position in its niche in the Nordic region."

Noxon’s CEO, Jens Johansson, commented on the transaction: “For those of us at Noxon, it is inspiring to work together with an industrial owner such as Beijer Tech to further develop the company.”

MVI’s Partner, Stefan Karlsson, commented on the transaction: “MVI is proud of the way Noxon has developed during the time MVI has owned the company. We believe that Beijer Tech is the perfect owner for the company’s future development.”

Beijer Alma’s CEO, Henrik Perbeck, commented on the transaction: “Beijer Tech is continuing its strategy of acquiring attractive companies in the Fluid Technology business area with increasing value added.”
 

Beijer Alma’s subsidiary Beijer Tech has today acquired 75 percent of the
shares in Novosystems AB, Novosystems Östergötland AB and Novosystems
Småland AB.

Novosystems is active in building automation systems and offers energy-efficient solutions
for public and private customers in Sweden. The company focuses on complete solutions for
indoor environments through system integration and coordination, particularly in
commercial and specialized buildings. The corporate group’s sales amount to approximately
MSEK 50 with favorable profitability. In operational terms, Novosystems will be included in
Beijer Tech’s subsidiary INUstyr to build a stronger player in the Swedish market.

Beijer Tech’s President, Staffan Johansson, commented on the transaction: “The acquisition
of Novosystems is important for Beijer Tech when it comes to achieving our goal of
continuing to grow in the area of building automation. Novosystems is a well-managed niche
company with a very strong market position. I’m pleased that we were able to complete this
acquisition and can now expand this exciting area of Beijer Tech.”

After the sale of the majority stake, the previous joint owners will remain in place as minority
owners and, in their operative roles, will further develop the operations together with the
INU group. Novosystems’ Chairman, Magnus Larsson, commented on the transaction: “For
those of us at Novosystems, this feels like the right step in our ongoing journey of growth.
We are convinced that in Beijer Tech and INU, we have found the right partners for the
development of the company alongside new and existing customers.”

INUstyr’s CEO, Anders Eriksson, commented on the transaction: “With Novosystems as our
sister company, we will have the opportunity to expand our customer offering even further,
both geographically and in terms of our expertise.”

Beijer Alma’s CEO, Henrik Perbeck, commented on the transaction: “Beijer Tech is continuing
to pursue its strategy of acquiring companies in attractive niches and is now expanding in a
growth area.”

Fredrik Hedman has been appointed as the new CEO of Lundgrens Sverige AB.
Lundgrens Sverige is Beijer Tech’s largest business with a turnover of approx 360 MSEK.
Fredrik has a long career within the company and has served as both Sales Manager as well as Site Manager. He will replace Staffan Johansson who is now CEO of Beijer Tech.

Fredrik Hedman will assume his new role as CEO by January 1 2021.

Mikko Karhu has been appointed as the new Managing Director of KTT Tekniikka Oy from 15th of January. Mikko started to work at KTT Tekniikka as Operations Director 2019. Prior to that he has worked as manager in the field of industrial maintenance. 

Mikko Karhu will replace Mikko Pekkola, one of the previous owners of KTT Tekniikka who will continue to work at KTT Tekniikka as the Sales and Business Development Director.

KTT Tekniikka Oy specializes in products and services for mechanical power transmissions used in the industrial sector. The company´s revenues in 2019 amounted to 7,7m€ and has approx. 50 employees. 

Michael Ahlgren has been appointed as CEO of Encitech Connectors AB from March 1, 2021. Michael has a broad industrial background with technology and leadership and a master’s degree in engineering.

Michael Ahlgren replaces the former CEO and owner Henrik Olsen who now retires.

Beijer Alma’s subsidiary Beijer Tech entered into an agreement today to acquire 75 percent of the shares in INUinvest AB, consisting of INUstyr together with its sister companies.

INUstyr is active in building automation systems and offers energy efficient solutions for public and private customers in Sweden. The company focuses on complete solutions for indoor environments through system integration and coordination, particularly in commercial and specialized buildings. The corporate group’s sales amount to approximately MSEK 110 with favorable profitability.

Beijer Tech’s President, Staffan Johansson, commented on the transaction: “The acquisition of INUstyr represents an important milestone for Beijer Tech. INUstyr is a well-managed niche company with a very strong market position. I’m pleased that we were able to complete this acquisition, which we view as an exciting new area in Beijer Tech.”

After the sale of the majority stake, the previous principal owners will remain in place as minority owners and in their operative roles to further develop operations. INUstyr’s CEO, Roger Svensson, commented on the transaction: “For us in the INU Group, this feels like a natural step in our ongoing journey of growth. We are convinced that in Beijer Tech, we have found the right strategical partner for the long-term ownership and development of the company alongside new and existing customers.”

Beijer Alma’s CEO, Henrik Perbeck, commented on the transaction: “Beijer Tech is continuing to pursue its strategy of acquiring companies in attractive niches and this acquisition provides a platform for a new growth area.”

For further information, please contact:
President and CEO of Beijer Alma, Henrik Perbeck, +46 18 15 71 60
President of Beijer Tech, Staffan Johansson, +46 70 564 70 29

Beijer Alma’s subsidiary Beijer Tech acquired the shares in PA Ventiler AB, based in Lindome outside Gothenburg, via Lundgrens Sverige AB today.

PA Ventiler conducts sales of valves, primarily to the pulp & paper industry as well as the chemical and petrochemical industry. The company generates revenues of approximately MSEK 27 with favorable profitability.

Beijer Tech’s President, Staffan Johansson, commented on the transaction: “The acquisition of PA Ventiler represents an important milestone for the Fluid Technology business area and for Lundgrens. PA Ventiler is a well-managed niche company with a very strong market position. I’m pleased that we were able to complete the acquisition, which is an excellent match for our Fluid Technology business area, which includes Lundgrens Sverige, Svebab, Packningar & Plast and Lundgrens Norge).”

In connection with change of ownership of their family business, Fredrik Karlsson will assume the role of Managing Director of the company and Ulf Karlsson will concentrate on his role as Sales Director Lena Karlsson will continue in her role as Finance manager.

Fredrik Karlsson commented on the transaction: “For PA Ventiler, this feels like a natural step in our ongoing journey of growth. We are confident that we will strengthen our market position as a supplier to Swedish industry together with Beijer Tech.”

Beijer Alma’s CEO, Henrik Perbeck, commented on the transaction: “Beijer Tech is continuing to pursue its strategy of acquiring companies in attractive niches and, through this acquisition, has further strengthened its operations within fluid technology.”

For questions, do not hesitate to contact me.

Best regards,

Staffan Johansson
VD, Beijer Tech AB
 

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