Beijer Tech AB

Beijer Tech comprises a group of companies specializing in value-added sales, manufacturing and automation. With a focus on the areas of fluid technology and industrial products, but also specific niches, its broad product and service range strengthens its customers’ competitiveness. Through technical expertise and customization, the companies deliver cost-saving solutions that, for example, accelerate product flows and generate efficiency enhancements, environmental improvements and energy savings. Acquisitions are important for growth and mean that Beijer Tech has also established itself in new, expansive niche industries such as building automation and satellite communication.

Beijer Tech in brief

Operations: Beijer Tech operates primarily in the Nordics with a focus on specialized manufacturing, value-creating sales and automation, within profitable niches. The group has 18 locations in the Nordics and is a market leader in several areas.

Business areas: Industrial Products, Fluid Technology and Niche Technology.

Offering/range: products from leading manufacturers, mainly technical components, consumables and machines (Industrial products), as well as niche companies in laminated glass for the automotive industry, satellite communication, scales for the waste industry, property automation, etc. (Niche technology). Hose, hose accessories and hydraulics and rubber cloth, seals and other industrial rubber (Fluid technology).

Customers/markets: industrial companies in surface treatment, foundries, steel and smelters and offshore (Industrial Products). Industrial customers, major manufacturers (OEM), municipalities, real estate companies, treatment plants and specialized dealers (Fluid technology).

Competitive advantages: cutting-edge expertise in how products and services can improve the customer’s productivity. Increased share of customized products. The company’s complete range in fluid technology is also a strength.

Revenues: MSEK 2,045

Number of employees: 614

President: Staffan Johansson

Read more: beijertech.se

Staffan Johansson, President of Beijer Tech:

An ongoing transformation

Ongoing acquisitions that add more niche technologies to the business – but also a focus on organic growth. These are some of the driving forces behind the development of Beijer Tech.

You are continuing to make acquisitions – how will they strengthen the Group?

The acquisitions will strengthen the ongoing transformation of Beijer Tech. Companies such as Botek Systems and Finn Lamex are a good fit with our business model. They are non-cyclical companies, which makes us more resilient during a recession. Finn Lamex manufactures windscreens for buses, and the need to replace broken windows does not depend on the economy. Botek manufactures dynamic scales for waste management. This is a growing area with increasing demand for everything from route optimization to thorough statistics.

What is your approach to organic growth?

The companies we acquire need to be based on a certain level of organic growth. And looking at Beijer Tech as a whole, organic growth is often achieved by growing with our customers. Regardless of what we do, existing customers are the most important ones to focus on. When we keep them, we get new business indirectly.

Beijer Tech’s business areas

Fluid Technology

The largest operation is Lundgrens, which is located all over Sweden. A strong competitive advantage is the range of fluid technology products and industrial rubber, which contains 35,000 items. Lundgrens also offers an increasing number of customized and in-house manufactured components. Other businesses with own production are and Packningar & Plast, which specializes in customized gaskets, seals and plastic parts.

Industrial Products

The industrial products are available throughout the Nordic region. The largest market is Sweden, which accounts for 60 percent of sales. The business area includes: Karlebo (foundry machines, die casting), Beijers (foundry supplies, refractory and grinding), Tebeco (blasting, grinding, deburring) and PMU (industrial service, automation). Other businesses include Encitech (electronic components), Norwegian Norspray (surface treatment), Danish Preben Z (surface treatment) and Finnish Beijer (foundry).

Niche technology

Within Niche technologies, Beijer Tech’s operations, which often have their own production, are brought together. These include Swedish Microwave (satellite industry), Finn Lamex (laminated windshields), Svebab, which manufactures fire and industrial hose, and Botek (scales for garbage trucks, etc.).