The primary goal is to grow profitably. This is achieved through long-term ownership and efficient governance in the Group companies. At the same time, we conduct responsible business through a sustainability agenda that contributes to a better world, creates business opportunities, reduces costs and minimizes risks.
Value creation. The Group companies all provide products and services that generate added value or offer greater substance for our customers – something for which they are also prepared to pay. By offering this type of value, we can charge more for the products and services we deliver, thereby boosting the Group’s profitability.
FOUR FOCUS AREAS
To achieve profitable growth, we focus on four strategic areas:
1.
High customer value.
Many of the Group companies’ products and services are adapted to meet specific customer needs. This increases customer value and supports a positive trend in terms of profitability.
2.
International market coverage.
Expanding and creating growth with customized niche products requires broad international sales.
3.
Strong market positions.
Quality products, customization and service create strong market positions, enabling the Group companies to compete on the basis of other forms of added value rather than price.
4.
Broad customer and supplier bases.
This breadth provides scope for action and reduces risk exposure and the Group’s dependency on individual markets, industries or companies.
We grow in two ways – by acquiring new companies and through organic growth in existing operations. Acquisitions strengthen the Group in selected markets or within specific technology and product areas, but can also add entirely new operations to Beijer Alma. At the same time, we grow organically through investments in production and market development in existing companies.
Driving forces for profitable growth
The combination of organic growth and acquisitions leads to profitable growth. Read more about our latest acquisitions.
Award for growth in Poland
Habia Cable received an award in Poland for its profitable, expansive operations, which focus on the installation of cable systems and cable harnesses. The Forbes Diamond Award 2021 is presented to Poland’s most rapidly expanding companies. Habia was acknowledged, in particular, for the strong value growth in its Polish operations between 2017 and 2019. This expansion is still under way, with the construction of a new, larger plant scheduled to commence in 2021.
Energy-efficient indoor climate
Reduced energy consumption for lighting and ventilation – this was the result when the Beijer Tech company INUstyr installed a new smart control system in properties used by the University of Gothenburg. The new demand-controlled system also optimizes energy consumption in the technology used to regulate the properties’ heating, cooling and sun protection systems. INUstyr specializes in complete building automation solutions that provide customers with an energy-efficient and environmentally friendly indoor climate.
Biogas reduces CO2 emissions
At Lesjöfors Fjädrar’s plant, CO2 emissions are being reduced by 70 to 90 percent now that the propane gas that was previously used has been replaced by biogas. Biogas is extracted from bio-based residual products or bio-based waste, such as slaughterhouse waste and used frying oil. The emissions reduction enabled by this green transition at Lesjöfors’s plant corresponds to 1,600 to 2,000 tons of carbon dioxide per year.
Leading lightweight cables
Habia Cable’s lightweight cables are used in various kinds of marine technology, including diesel engines for ferries. The cables weigh 30 percent less than the competing products. In smaller boats, this contributes to lower fuel consumption and maintaining speed performance. The products also have a smaller diameter and are more flexible, which saves space. The cables are built to withstand high temperatures, which doubles their lifespan compared with many other products.
More medical technology
During the pandemic, demand for medical equipment – a focus area for Lesjöfors – has increased. For many years, John While Solutions in Singapore has produced specially developed wire forms for a customer that manufactures advanced medical equipment. In 2020, the company’s delivery volumes increased ten-fold. “Our products meet the stringent standards of the highly regulated area of medical equipment,” says Roy Loh, Vice President of Lesjöfors Spring Technology in Asia.
Digital hose labeling
It is now easier for customers to order hoses from Lundgrens. The company uses digital labeling, a process by which hoses are fitted with a label that has a QR code. This code provides information regarding the type of hose, length and where the hose is to be used. Any customer who wishes to place a new hose order can scan the QR code using a mobile phone and send the information to Lundgrens. This saves time and reduces the risk of disruptions. Lundgrens is the only company in Europe to offer this technology.
Global sales
Metrol Springs is a manufacturer of tooling gas springs, special purpose gas springs and gas struts to Lesjöfors. The company serves industrial and automotive customers in Europe, the US and Asia. Read more
New markets
Tribelt opens a new market for conveyor belt applications, while the spring operation in De Spiraal broadens the customer base in such industries as food, pharmaceuticals and energy. Read more
Wide product range
Encitech designs, manufactures and distributes electronic components and has a wide range of proprietary products. This acquisition increases the share of manufacturing and export in Beijer Tech. Read more
Complementary business
Uudenmaan Murskaus sells spare and wear parts for rock crushers. The company supplements Beijer Tech’s operations in the Industrial Products business area. Read more
International growth
The Finnish company KTT Tekniikka contributes the new segment of mechanical transmission products and service. This broadens the operations in Finland and strengthens Beijer Tech’s international growth. Read more
New wholesaler business
The purchase of Codan has laid the groundwork for Lundgrens Norge – a new, leading wholesaler business in hoses, couplings and industrial rubber. Read more
