Lesjöfors AB

Lesjöfors is Beijer Alma’s largest company, which has grown significantly over the years primarily through international acquisitions. Lesjöfors, which manufactures springs, wire and flat strip components, has been a part of the Group since 1992 and is a full-range supplier that offers both standard products and custom-manufactured components. Lesjöfors is the largest spring manufacture in the Nordic region and a leader in Europe and USA. It is also one of few companies consolidating the industrial springs market via acquisitions.

Lesjöfors in brief

Operations: is a global manufacturer of springs, wire and flat strip components that has a broad international operation comprising 37 manufacturing units in 17 countries and sales in 60 markets.

Business areas: Industry and Chassis Springs.

Offering/range: standard range of industrial springs and development of customized products (Industry). Replacement springs for European and Asian cars and light trucks (Chassis Springs).

Customers/markets: industrial companies in most sectors in Sweden, the other Scandinavian countries, the UK, Germany, the Netherlands, Turkey, China and North America (Industry). Spare parts distributors in the UK, Germany, Sweden and the other Scandinavian countries (Chassis Springs).

Competitive advantages: broad range and extensive spring expertise that informs customization across the entire production process (Industry). Proprietary manufacturing, complete range and high levels of delivery precision (Chassis Springs).

Revenues: MSEK 4,873

Number of employees: 2,265

President and CEO: Oscar Fredell

Read more: lesjoforsab.com

Oscar Fredell, president and CEO Beijer Alma:

Leading in springs, pressings and technical components

Lesjöfors is a business area within Beijer Alma consisting of companies specialized in springs, pressings and technical components. Our companies work close to their customers and develop products that are essential for performance, safety and reliability in industrial applications.

Independent companies close to the market

The companies within Lesjöfors are led by their own management teams, with responsibility and decisions made close to the customer. Each company builds on its own market, relationships and culture. Beijer Alma provides long term stability and the ability to invest, while the drive and development continue within the companies themselves.

Acquiring companies with a clear niche and strong identity

We grow by acquiring companies with a defined position in a technical niche, a high return on capital employed and a leadership team that wants to continue. We acquire companies because they are strong. Our role is to support and strengthen their ability to develop, not to change their identity.

Growth built on stability over time

We are looking for companies and markets where demand is stable over time. By expanding within adjacent segments and geographies where we already have experience, we build a more balanced development that provides long term direction and continuity.

Part of something larger, with identity preserved

The companies maintain their leadership, culture and customer relationships. Beijer Alma provides direction and resources, while Lesjöfors offers a context where specialized companies can continue to grow in their own way. We create a context where technical component companies can remain themselves and continue to develop over time.

Lesjöfors business areas

Chassis Springs

Replacement springs are sold in the spare parts market for cars and light trucks. They are part of vehicle suspension systems and contribute to safety and driving properties. Customers have access to more than 5,500 models in a complete range that is expanded to include 300 to 500 new products each year. Lesjöfors controls everything from design to manufacturing. Through efficient inventory management and distribution, springs are delivered to customers across Europe within 24 hours.

Industry

Lesjöfors’s products are used in nearly the entire industrial sector and are often adapted to meet specific customer needs. This gives the range a unique breadth with a wide variety of possibilities for variation. Design, manufacturing and support are small-scale and are performed close to the customer at the plants. This prepares the way for targeted, cost-efficient production, in which the company’s technical sales staff and machine operators play key roles in developing the right spring, wire or flat strip component.