{"id":4847,"date":"2020-01-02T14:40:30","date_gmt":"2020-01-02T13:40:30","guid":{"rendered":"https:\/\/lfdev.monopage.gmbh\/?p=4337"},"modified":"2020-04-23T17:23:20","modified_gmt":"2020-04-23T15:23:20","slug":"lesjofors-acquires-metrol-springs-ltd-in-the-uk","status":"publish","type":"post","link":"https:\/\/www.lesjoforsab.com\/about-lesjofors\/news\/lesjofors-acquires-metrol-springs-ltd-in-the-uk\/","title":{"rendered":"Lesj\u00f6fors acquires Metrol Springs Ltd in the UK"},"content":{"rendered":"\n

Stockholm\/Northampton<\/strong> \u2013 Metrol is a producer of tooling gas springs and special purpose gas springs with a wide range of standardized products including also conventional gas struts. The company has enhanced their product offering with the addition of linear actuators and a constantly expanding range of industrial hardware.<\/p>\n\n\n\n

A large proportion of the sales are via their catalogue in conjunction with their current websites. The company has a diversified customer base in the UK, Europe, the US, and Asia, serving industrial and automotive customers.<\/p>\n\n\n\n

Metrol\u2019s revenues amount to MGBP 7 with good profitability, of which approximately 40 percent are exports to more than 20 countries. The company is based in Northampton and Lesj\u00f6fors has acquired the real estate on which the manufacturing plant is located through shares in Nitro Springs Manufacturing Ltd.<\/p>\n\n\n\n

Retiring Lesj\u00f6fors President, Kjell-Arne Lindb\u00e4ck, comments on the transaction: \u201cWith its main business areas being gas springs and gas struts, Metrol will broaden the Lesj\u00f6fors Group\u2019s offering for both existing and new customers. The decentralized, technical and sales-orientated business culture within Metrol mirrors the philosophy we have at Lesj\u00f6fors, which will make it easy to work closely in our joint development of this business.\u201d<\/p>\n\n\n\n

Recently appointed Lesj\u00f6fors President, Ola Tengroth, also commented on the transaction: \u201cI look forward to supporting the development of Metrol going forward along with its strong management team, which is now fully integrated within Lesj\u00f6fors.\u201d<\/p>\n\n\n\n

Metrol\u2019s principal owners, Andrew Marks and Robert Lamb, and directors Paul Hynes and Chris Pegram, comments on the transaction: \u201cWe are incredibly happy for the company to become a part of a group that has a global market presence with extensive knowledge of our business concept and ethos.\u201d<\/p>\n\n\n\n

In addition, Paul Hynes and Chris Pegram states: \u201cWe appreciate the decentralized structure of Lesj\u00f6fors and are looking forward to staying on and continuing to develop the company further.\u201d Robert Lamb is also enthused by the prospect of his continued involvement in Metrol as part of the expanding Lesj\u00f6fors team.<\/p>\n\n\n\n

For further information, please contact:<\/strong>
Kjell-Arne Lindb\u00e4ck, President of the Lesj\u00f6fors Group
T: +46 (0) 70 574 99 94<\/p>\n","protected":false},"excerpt":{"rendered":"

Lesj\u00f6fors AB is delighted to announce its acquisition of the shares in Metrol Springs Ltd, a leading manufacturer of tooling gas springs, special purpose gas springs, and gas struts, within the UK and other global markets.<\/p>\n","protected":false},"author":9,"featured_media":6343,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nLesj\u00f6fors expands its business and acquires Metrol Springs Ltd.<\/title>\n<meta name=\"description\" content=\"Metrol Springs is the leading manufacturer of tooling gas springs in the UK. See how our latest acquisition enriches our product portfolio. 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