Lesjöfors, via Alcomex, has today signed an agreement to acquire 100 percent of the shares in Amatec B.V., a Dutch spring distributor. With the acquisition, Alcomex, and the Lesjöfors group, strengthens the distribution capabilities of stock springs, in line with its ambition to build the leading spring, wire and flat strip component group.
Overall, we can sum up a good year for our group, despite geopolitical disturbances due to the tragic war in Ukraine and challenges in the supply chains. We benefit from the fact that Lesjöfors is solid and robust. Even though we had to close our profitable operation in Russia, the group is doing well and we will reach the goals set for the year.
Lesjöfors is a frequent exhibitor with great results from meetings at exhibition floors. The top Scandinavian industrial event Elmia Subcontractor and Valve World Expo in Düsseldorf in Mid-November were both very successful.
Springs are vital for the perceived quality of a sectional overhead garage door. If door springs are not well balanced, the door does not run smoothly. Spring technology is a complex part of the sectional overhead garage door and a mix of factors determine the life span, quality and functioning of a spring.
One of Lesjöfors’ core markets is growing rapidly – the global medical devices market. Reports show that the market is expanding worldwide. Lesjöfors is a qualified supplier of components to the sector and can meet the high demands of hygiene and quality.
In many of our Lesjöfors companies, we use apprenticeships as a strategic way to introduce, train and keep the most suitable staff for the future. In the UK, European Springs & Pressings has just on-boarded five new apprentices in an extensive program.
Heavy loads put additional pressure on vehicle suspension. This can cause a range of issues, such as reduced brake efficiency, tyre wear and difficulty in steering. It also leads to additional costs, which we have hugely reduced thanks to our new Lesjöfors suspension spring design.
Today Lesjöfors has signed an agreement to acquire 100 percent of the shares in Telform, a Turkish spring manufacturer. With the transaction, Lesjöfors expands its production footprint, in line with its ambition to build the leading spring, wire and flat strip component group.