Having acquired several spring companies in recent months, the completion of the purchase of Ressorts Lacroix builds on a strategic growth plan for Europe.
Based in the centre of Northern France, Ressorts Lacroix product portfolio includes a range of springs and wire parts for customers within the hydraulic, automotive, aerospace and medical sector, with the quality excellence that Lesjӧfors Group are recognised for.
“France and Meung-sur-Loire, where we’re based, welcomes Lesjӧfors Group and the growth opportunities their business model offers”, says Yohan Dutheil, CEO of Ressorts Lacroix.
“Our potential is now limitless. Lesjӧfors, as a global parent company, enables us to access new markets. Being part of a larger corporation not only gives us greater reach, it also enables us to access sales strategies, knowledge, technologies and networks that enriches our employees and adds value to our customers.
Being part of Lesjӧfors’ worldwide stage of excellence is exciting and achieves a growth ambition that me and my team have been driving towards. Being Lesjӧfors’ first acquisition in France, is recognition of the quality component manufacture Lacroix Springs deliver and we look forward to thriving even further under the Lesjӧfors brand,” concludes Dutheil.
Ola Tengroth, CEO of the Lesjӧfors Group concludes: “Acquisitions add value to us, but it is equally as important that it adds value to the acquired company too.
We are laser focused on delivering this and it’s a joy to have acquired Ressorts Lacroix, a company whose success we have been watching for quite some time. We’re grateful to them for enabling us to now say we have a manufacturing plant in France, and we look forward to developing this partnership even further.”