Dacke Industri acquires LGL Construction AB
Dacke Industri acquires 100 percent of the shares in LGL Construction AB. LGL, a company operating from Småland, offers complete solutions in steel construction where it designs, manufactures and assembles, among other things, steel structures for the industry, logistics, stores and warehouse fittings.
LGL is located in Smålandsstenar, has 43 employees and a turnover of about SEK 200 million. The company celebrated its 50th anniversary in 2017 and has, since its inception, had a clear focus on growing together with their customers. At LGL work is performed with the conviction that the details make a big difference, ensuring that the customer gets the most cost effective and functional products. The market is mainly in Sweden and the Nordic countries.
”LGL is a very well-managed and healthy company within an area of business where Dacke Industri have good experience. We look forward to continue developing what Mats Holmqvist and the employees have built in LGL. The relationships between customers and LGL are very deep and long-term and that is the way we at Dacke Industri like to work” says Lars Fredin, CEO of Dacke Industri.
The existing management of LGL Construction will continue in their roles with Fredrik Holmqvist as CEO. The management will keep on working to strengthen the company’s position as a complete supplier of solutions in the field of steel construction.
Fredrik Holmqvist, CEO of LGL Construction AB:
“After a few strong years behind us we now, together with Dacke Industri, have a good opportunity to further strengthen our position and continue to develop the company. Despite challenging times, we have received a number of new and exciting projects so we look forward to the autumn with great expectation.”
Lowe Fällmar
VP Acquisitions and Business Development
lowe.fallmar@dackeindustri.se
+46 70 641 07 31
We invest in innovative technology companies
Dacke Industri is a long-term owner who invests in innovative technology companies focusing on customized components and systems. We add industrial know-how, a strong network and maintain an entrepreneurial environment in our companies. The companies have a very high degree of autonomy and we follow a decentralized model.
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