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  • Duroc AB (publ)
    Visit: Svärdvägen 5, SE-182 53 DANDERYD Postal: Duroc AB, Box 612, SE-182 16 DANDERYD
    +46 (0)8 789 11 30
    +46 (0)8 789 11 31
    https://www.duroc.com/
  • John Häger

    Chief Executive Officer


    +46-702 48 72 99
    +46-702 48 72 99
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    DUROC MAKES CHANGES TO GROUP MANAGEMENT

    Stockholm, 26 May 2026 Duroc is making changes to its Group Management. Johan Hedlund, Head of Business Development, HR & Sustainability, has announced his intention to retire. Johan has been employed by Duroc and has been a member of Group Management since 2020. In connection with the change, Caroline Talsma will assume the role of COO. She most recently served as CFO of Duroc, a role she assumed in January 2026. Caroline has extensive and long-standing experience from senior positions in various industries, both nationally and internationally. Alongside her role as COO, Caroline

    DUROC COMPLETES THE ACQUISITIONS OF POLYPROJECT, THORS TRADING, HYDROSTANDARD, AND OPTYMA

    Duroc has today completed the acquisition of all shares in Polyproject Environment AB, Thors Trading AB, Hydrostandard Mätteknik Nordic AB and Optyma Security Solutions Limited. Through these acquisitions, Duroc is strengthened by four units that are expected to contribute stable profitability and strong earnings development going forward. Polyproject Environment manufactures components for industry and municipalities for water and air purification. Thors Trading manufactures and supplies products for equestrian and motorsport applications. Hydrostandard Mätteknik Nordic performs

    DUROC COMPLETES THE DIVESTMENT OF IFG ASOTA GMBH

    Duroc AB announces that the transaction regarding the divestment of IFG Asota GmbH (“Asota”) to Beaulieu International Group N.V. (“BIG”) has been completed and that BIG has taken ownership of Asota.Through the divestment of Asota, Duroc has taken a significant step in the strategic rebalancing of the Group. Substantial capital has been realized, thereby freeing up resources to accelerate investments within the Group’s growing and profitable Industrial & Trading segment. Duroc’s previously communicated ambition to fully exit the European fiber business remains unchanged. The intention is

    DUROC ACCELERATES ACQUISITION PACE – ACQUIRES FOUR COMPANIES

    Duroc has today entered into agreements to acquire all shares in Polyproject Environment AB, Thors Trading AB, Hydrostandard Mätteknik Nordic AB and Optyma Security Solutions Limited.The acquired companies’ combined net sales for the 2025 calendar year amounted to SEK 240 million and adjusted operating profit to SEK 25 million. The financial information is based on unaudited figures. The total number of employees amounts to 132, and the purchase price for the businesses amounts to SEK 121 million on a cash- and debt-free basis. Through these acquisitions, Duroc is strengthened by four

    DUROC DIVESTS IFG ASOTA GMBH – SIGNIFICANT CAPITAL RELEASED AND GROUP REBALANCING CONTINUES

    Duroc AB has today entered into an agreement to divest all shares in the Linz-based fiber company IFG Asota GmbH (“Asota”) to Beaulieu International Group N.V. (“BIG”). The transaction represents an important step in the rebalancing of the Group previously communicated and results in a substantial strengthening of Duroc’s financial position.The divestment is carried out at an Enterprise Value of approximately SEK 175 million, which means that the Duroc Group is pro forma net debt-free. During the 2024/25 financial year, Asota reported revenues of approximately SEK 400 million with EBIT of

    The Duroc Company Duroc Rail signs eight-year maintenance contract with SJ – volume 500 wheelsets per year

    The Duroc Company Duroc Rail signs eight-year maintenance contract with SJ – volume 500 wheelsets per year! August 25, 2025Duroc Rail, specialized in railway wheel maintenance, has become SJ’s new service partner. The agreement covers maintenance and transportation of three different types of passenger car wheels and is valid for four years with an option for an additional four years, starting October 1, 2025. Duroc Rail has signed an agreement with SJ regarding maintenance, material supply, and transportation for three different types of passenger car wheels. The assignment covers

    DUROC MACHINE TOOL ESTABLISHES AN EXPERIENCE CENTER IN MALMÖ

    May 6, 2025Duraden Fastighets AB, a subsidiary of Galjaden Fastigheter AB, has signed an agreement with the City of Malmö to acquire a property in Jägersro, Malmö. The property will serve as the base for a tailor-made experience and technology center for DMT.   This new center is a major investment for DMT and aims, through its strategic location in the Öresund region, to strengthen DMT’s market position, increase customer proximity, and serve as a platform for further business development in the Nordics and the Baltics.   The building, covering over 4,000 square meters, will

    Duroc Rail in a strategic partnership with LKAB

    Duroc has entered into a strategic partnership with LKAB, which aims to jointly develop the offer within maintenance of railway wheels and related components. The collaboration implies that LKAB acquires 49 percent of the shares in Duroc Rail AB (Rail), for a preliminary purchase price amounting to approximately MSEK 75 and will together with Rail develop and build a “state of the art” production facility in Luleå.The new facility, which will be owned by LKAB and used by Rail, is expected to be completed in the end of 2025. The investment allows an increased flexibility and productivity and

    Update from Duroc

    The irregular order intake in the plastics-related companies that were noted during Q3 has continued during Q4. Like our industry colleagues, we are experiencing a continuing volatile market marked by severely restrained stocking and price instability. The accumulated unaudited result for April-May is overall limitedly negative, with good profitability in the industrial trade-related companies operating in the Nordics and continued weak development in the plastics-related units in Europe and the USA. Underlying causes are above all declining demand for consumer products in the US but

    Griffine launches insolvency proceedings

    Duroc's wholly owned subsidiary Griffine Enduction S.A. with operations in France, launches a "redressement judiciaire", a form of reconstruction process in accordance with French insolvency law. Write-downs of the total value of Griffine in the consolidated income statement have already been carried out in the previous quarter. For Duroc, the process means that a significant source of loss disappears and that the financial key figures are strengthened pro forma.As previously communicated, in the fall of 2022, Duroc decided to divest Griffine Enduction S.A, hereinafter "Griffine", which has

    Update from Duroc

    · SECOND QUARTER EARNINGS DEVELOPMENT – CONTINUED UNFAVORABLE CONDITIONS IN LARGE PARTS OF THE GROUP, LOW NET DEBT MAINTAINED · INSURANCE SOLUTION FOR THE PENSION LIABILITY IN IFG IN PLACE – RISK ELIMINATION AND SIGNIFICANT POSITIVE EFFECT ON CASH FLOW FROM OPERATIONS · THE DEVELOPMENT IN THE FRENCH SUBSIDIARY GRIFFINE SA – DIVESTMENT PLANNED RESULTING IN A NOTABLE PROFIT INCREASE · THE FUTURE –AMPLE ROOM WITH A FOCUS ON LONG-TERM VALUE GROWTHSECOND QUARTER EARNINGS DEVELOPMENT – CONTINUED UNFAVORABLE CONDITIONS IN LARGE PARTS OF THE GROUP, LOW NET DEBT MAINTAINED Quarter two

    JOHAN ÖBERG LEAVES THE BOARD AFTER FIVE YEARS

    June 7, 2022                                                Johan Öberg, managing director and partner in Boston Consulting Group, has decided to leave the board of Duroc AB.    “Duroc has developed well during these years, but due to an increasing high workload in other ongoing assignments, I find it difficult to have enough time, which is why, in full agreement with the company's main owners, I have chosen to leave the board of Duroc AB on the 7[th] of June 2022. ", says Johan Öberg. The company's majority owner is now beginning work on recruiting a replacement to the board,

    DUROC INVESTS IN EQUIPMENT FOR THE PRODUCTION OF COATED TEXTILES

    April 20, 2022                                                   Duroc AB's Board of Directors has decided that the French unit within the Cotting Group, Griffine SA, will invest approximately SEK 110 million in a new production line for the production of coated textiles. The investment, which includes approximately SEK 30 million of a previously announced investment, will be financed partly from own funds and partly with locally raised debt.      The investment is part of the group's strategic plan to increase the business's competitiveness, and thus profitability, by building Europe'

    EARNINGS UPDATE FOR THE THIRD QUARTER 2021/2022 - ADJUSTED EBIT IS EXPECTED TO INCREASE BY C. 40 PERCENT TO APPROXIMATELY SEK 50 M

    April 11, 2022                                                   In Duroc's quarterly report for the second quarter 2021/2022, information was given that demand during the next quarter was expected to be good and that most of the portfolio companies would continue to do well, while there was short-term uncertainty for Cotting Group. The summary of the results for the third quarter 2021/2022 shows that the companies, despite continued disturbances, such as cost inflation and semiconductor shortages, developed above expectations. Adjusted EBIT is expected to increase by just over 40

    Sofie Boström new CFO from 1 July 2022

    March 11, 2022                                               CFO Nina Grönberg has chosen to leave Duroc for a new assignment outside the Group and will end her employment on 30 June 2022. Sofie Boström has been appointed new CFO for Duroc and will take up her new position on 1 July 2022. Sofie has a MSc in business and economics from Lund University and has for the past 3 years been responsible for the consolidated accounts at Duroc. Sofie has a long background in auditing before she started at Duroc. Nina Grönberg will continue in her current role until Sofie Boström takes over.

    Duroc meets temporary adverses in the short term but still sees good potential going forward

    Order of approximately SEK 530 million to Cotting Group securedDecember 16, 2021 As communicated in the interim report for July-September 2021, there was a risk of continued disruption in the form of escalating raw material and energy prices as well as the negative effects of the shortage of semiconductors. This trend has continued into the second quarter and operating profit so far (Oct-Nov) amounted to SEK -4.4 million. Operating profit for the second quarter of 2020 amounted to SEK 13 million and the prospects for achieving corresponding results during the second quarter of this year

    Performance update for the fourth quarter 2020/2021 – adjusted EBIT expected to increase with 150 percent

    On June 21, 2021, Duroc announced that the outlook for the fourth quarter of 2020/2021 indicated a significantly improved result compared to the previous year. The total operating profit and adjusted EBIT for the first two months of the quarter amounted to SEK 19.9 million and June was expected to follow the same positive pattern. The preliminary operating profit and preliminary adjusted EBIT for the fourth quarter is now expected to amount to just over SEK 50 million, a greater improvement than previously expected. The majority of the portfolio companies have ended the financial year

    Profitable investment in sustainability

    July 6, 2021                                                      The board of Duroc AB has decided to invest approximately SEK 16 million in a new energy supply facility in Asota in Linz, Austria. Asota is part of IFG and produces most of the group's highly profitable niche products. The unit is also a center for R&D activities. The payback period is estimated at about 3 years, at the same time as the investment results in that CO2 emissions are estimated to decrease by about 13% compared with the current situation.      IFG develops synthetic fiber mainly from polypropylene. The

    Duroc invests in increased capacity

    June 30, 2021                                              The board of Duroc AB has decided to invest approximately SEK 30 million to upgrade and expand the capacity of the French unit of the Cotting Group. The investment is part of the group's strategic plan to increase competitiveness and future financial results.      The Cotting Group develops and manufactures coated textiles, and the end users are, among others, found within the segments fashion, furniture, medical and the automotive industry. For further information John Häger, CEO Duroc, 0702 48 72 99  Duroc AB (

    CLEAR PROFIT IMPROVEMENT IN THE FOURTH QUARTER 2020/2021 - THE OUTLOOK FOR 2021/22 INDICATES SIGNIFICANT CONTINUED IMPROVEMENT.

    June 21, 2021                                             In Duroc's year-end report July 2019-June 2020, the Group showed an operating profit of SEK 10.3 million and an adjusted EBIT of SEK 19.4 million for the fourth quarter. In connection with the portfolio companies reporting the development for April and May, it has emerged that the result has improved significantly. The total operating profit and adjusted EBIT for these two months amounts to SEK 19.9 million. The business during the current month follows the same positive pattern. All figures for the current period, April-June 2021,

    Duroc has sold its holding in Carclo Plc

    26 February 2021 Duroc has sold its entire holding in Carclo plc for SEK 25 million, and thereby reduced the group’s net debt. Prior to the sale, Duroc owned 13 percent of the shares in Carclo plc. "As the development in the company did not live up to our expectations, we have decided to exit the investment," says Duroc's CEO John Häger. The holding in Carclo has been valued at market value in Duroc's balance sheet and the change in value has been reported in other comprehensive income. The sale of the holding has a positive effect on equity of SEK 7.5 million in Duroc's third

    IFG FOCUSES ON NICHE PRODUCTS AND REDUCES PRODUCTION CAPACITY IN ENGLAND

    February 17, 2021      Duroc's portfolio company International Fibres Group (IFG) is strengthening its focus on niche products with higher growth potential in accordance with the group’s strategic plan. As a consequence, production capacity is being restructured and streamlined, and as a result the production facility in Drighlington will be closed down. Parts of the production will be moved to other production facilities in Europe.    The last day of operation in Drighlington will be the end of June 2021. Following the closure, IFG will have three production facilities located in

    DUROC’S PORTFOLIO COMPANY DRAKE EXTRUSION ACQUIRES MICHAEL S BECKER INC

    Duroc's portfolio company Drake Extrusion Inc, North America's leading manufacturer of colored filament yarn and staple fiber, has acquired 100% of the shares in the false twist textured yarn manufacturer Michael S Becker Inc. The company has annual sales of approximately $4 million.Michael S Becker Inc was founded in 1977 and is a supplier of false twist textured yarns. The company is based in Burlington, North Carolina, approximately 90 km from Drake Extrusion's facility in Martinsville, Virginia. Michael S Becker Inc has annual sales of approximately $4 million. Their customers are

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