Lagercrantz acquires Svenska Industriborstar i Västerås AB (SIB)
Today Lagercrantz Group has acquired all shares in the Swedish company Svenska Industriborstar i Västerås AB. SIB develops, sells and manufactures specially-designed steel and plastic brushes for snow clearance of airport runways and for industrial applications in manufacturing industry. SIB’s cassette brush system is market-leading in North European airports and has a strong position in North America. Exports represent a large part of sales. SIB generates combined annual sales of approximately MSEK 45 with good profitability. “SIB is a well-established product company with a market-