Acquisitions

Over the past ten years, corporate acquisitions have contributed to multiplying Beijer Alma’s sales. This growth is strongly associated with the Group companies’ ability to further develop new acquisitions. Here are some examples of what this work can result in.

The most common type of corporate acquisitions are supplementary acquisitions. These t established, well-managed companies with competent senior management. The companies are to contribute to expanding and making the primary business of Lesjöfors, Habia or Beijer Tech more competitive – for example, by targeting new customers or geographic markets or providing access to new products or technical solutions that increase customer value and develop the offering.

Supplementary acquisitions are also carried out to expand the Group companies’ operations into new areas. Major acquisitions may also be conducted to add new subgroups to Beijer Alma.

SVEBAB – INCREASED MANUFACTURING CAPACITY

Beijer Tech acquired Svebab in 2017. The company manufactures circular woven hoses, with its largest product being high-quality fire hoses. Svebab’s hose products are supplied to authorities, industry, emergency services and companies in the water and wastewater industry.

Since the acquisition

  • sales have increased by more than 13 percent.
  • approximately MSEK 5 has been invested in new machinery and more efficient process flows, which have improved the work environment and increased manufacturing capacity by 30 percent.
  • the product offering has been broadened.
  • sales cooperation with sister company Lundgrens has been developed.

JOHN WHILE GROUP – EXPANDED MANUFACTURING AND SALES

The spring specialist John While Group has operations in Singapore, China and Thailand. The company was acquired by Lesjöfors in 2016 and focuses on manufacturing of springs for customers in the automotive, IT, telecom and medical technology industries.

Since the acquisition

  • sales have increased by 30 percent.
  • sales have been expanded to include Lesjöfors’s European customers with operations in Asia.
  • increased coordination with Lesjöfors’s other plants in Asia has resulted in synergies in production and manufacturing.
  • cooperation and professional development in technology and product development have increased.

LESJÖFÖRS SPRINGS AMERICA – EXPANSION AND TECHNOLOGY TRANSFER

Lesjöförs Springs America was acquired in 2015 and has manufacturing operations in the US and Mexico. Most of the company’s manufacturing focuses on custom-designed springs, which can be found in a wide range of consumer and industrial products.

Since the acquisition

  • technology has been transferred to Lesjöfors in Latvia, creating a possibility for low-cost production.
  • the number of employees at the Mexican plant has increased by 40 percent.
  • the plant in the US has been relocated and the size of the premises increased by about 50 percent.
  • about MSEK 20 has been invested in new machinery for more automated manufacturing.

EUROPEAN SPRINGS & PRESSINGS – STRONG GROWTH

European Springs & Pressings has two facilities in the UK – located in London and Cornwall. Lesjöfors acquired the operations in 2007, and the company now manufactures chassis springs and industrial springs for the energy, electronics and automotive industries, among others.

Since the acquisition

  • sales have increased by 150 percent.
  • the number of employees has doubled.
  • chassis spring production has been established in Cornwall, which now accounts for a third of Lesjöfors’s chassis spring manufacturing volumes.
  • approximately MSEK 50 has been invested in the operation in Cornwall.
  • the factory in Cornwall has been relocated and expanded, which has multiplied the size of the production area.
  • the offering has been broadened and now comprises Lesjöfors’s entire offering of springs, wire and flat strip components.
  • sales have been increased and now also target many customers outside the UK.