Beijer Alma’s subsidiary Lesjöfors completes acquisition in the US
Beijer Alma’s subsidiary Lesjöfors AB has purchased the power spring operations of Sandvik Materials Technology – a leading manufacturer in the US market. The company has approximately 60 employees and revenue of about MSEK 100. The largest customer segment is the industrial and construction sector.The acquired business, which operates plants in both the US and Mexico, is a leader in the specialty area of power springs. The company’s principal market is the NAFTA zone – the free trade area encompassing the US, Canada and Mexico – which accounts for slightly more than 90 percent of its sales.
