Beijer Tech purchases Packningar och Plast AB
Beijer Alma’s subsidiary 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 and CEO of Beijer Alma, Bertil Persson, +46 8 506 427 50
President of Beijer Tech, Staffan Andersson, +46 72 247 47 36
Download the report