News

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