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. 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 33 manufacturing units in 15 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, China and North America (Industry). Spare parts distributors in the UK, Germany, Russia, 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 3,198

Number of employees: 1,918

President: Ola Tengroth

Read more: lesjoforsab.com

Ola Tengroth, President of Lesjöfors:

Acquisition of Alcomex creates sales synergies

Development of the company’s own sales platform as well as initiatives to leverage the synergies created by the acquisition of Alcomex. These are two areas that President Ola Tengroth highlights in his status report on Lesjöfors.

What is your short-term focus?

We are continuing the process of improving cooperation at Lesjöfors so that we can sell our entire range in all of our markets, So the development of our sales platform is important. Sustainability and digitization are other focus areas where we will be investing more. In addition, we are going to significantly accelerate the pace of acquisitions in 2022.

What opportunities have been created by the Alcomex acquisition?

Above all, a new niche of door springs has opened up to us, allowing us to expand our offering to include a new product segment. There are also sales synergies for Alcomex, which has begun selling Lesjöfors’s standard range of industrial springs in its markets. The companies are also a good match in terms of geography: Alcomex is strong in markets where we have not had a presence in the past. Moreover, we see that there are synergies on the purchasing side, for example when it comes to raw materials.

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.