Lesjöfors, via its subsidiary Alcomex, has today signed an agreement to acquire all shares in Amatec B.V., a Dutch spring distributor. With the transaction, Alcomex, and the Lesjöfors group, strengthens its distribution capabilities of stock springs, in line with its ambition to build the leading spring, wire and flat strip component group.
Amatec distributes stock and customized springs with a focus on the Dutch market. The company has high technical competence and supports its customers throughout the entire sourcing process, from product design to final product. The company generates revenue of approximately MEUR 2.5 per annum with favorable profitability and has six employees at its office and warehouse in Alphen aan den Rijn in the Netherlands.
Lesjöfors’ President, Ola Tengroth, commented on the transaction: “Amatec has a strong position within the Dutch spring market and through this transaction, we take a step further to accelerate the stock spring business in Europe.”
In the transaction, Alcomex acquires 100 percent of the shares in Amatec B.V., with closing expected within the coming week. The acquisition is expected to have a marginally positive impact on Beijer Alma’s earnings per share.
Beijer Alma AB is a Sweden-based company engaged in the production of components and industrial trading. Its business concept is to acquire, own and develop small and medium-sized companies with growth potential. Its operations are conducted by the subsidiaries focused on industrial customers. Lesjofors is an international supplier of industrial springs, wire and flat strip components. Habia Cable is a manufacturer and marketer of cables and cable systems for demanding applications, such as mobile telecommunication, defense, nuclear power and infrastructure. Beijer Tech is a company focused on industrial trading within the areas of hoses, fittings, rubber sheeting, wear protection, power transmission and surface treatment, as well as foundry, steelworks and smelters. The Company has approximately 40 subsidiaries active in Denmark, Norway, Finland, the United Kingdom, Germany, Latvia, China, Russia, Slovakia, the Netherlands, the United States, France and Poland.
BEIJER ALMA AB 
