Lesjöfors acquires Dutch spring producers Tribelt and De Spiraal
Lesjöfors, one of Europe’s leading manufacturer of springs, pressings and wire parts acquires Spirbelt Beheer B.V., which includes its two subsidiaries Tribelt and De Spiraal in the Netherlands.
De Spiraal is a manufacturer of technical springs and industrial wire products with a diversified customer base, serving various markets such as the food, pharmaceutical and energy industries. Tribelt manufactures a broad mix of conveyor belts for customers within the food, processing and pharmaceutical industries. The companies are well established in the market and have long-lasting, stable customer relationships.
The company’s revenues amount to MEUR 14 primarily in the European market with favourable profitability.
Lesjöfors’s President, Kjell-Arne Lindbäck, comments on the transaction: “De Spiraal and Tribelt are companies that fit well into Lesjöfors’s European platform, with a diversified customer base and opportunities for cross sales with our existing businesses. In addition, Tribelt will open up a new market for Lesjöfors with conveyor belt applications.”
The sellers and Managing Directors, René Spoelder and René Frielink, commented on the transaction: “We are happy for the company to become a part of a group specialized in springs and pressings. We also appreciate the decentralized structure of Lesjöfors and are looking forward to staying on and continuing to develop the company further.”
The Lesjöfors Group continues to grow
Over the years, Lesjöfors, owned by Beijer Alma, has conducted a number of acquisitions and established strong platforms in the Nordic region, other areas of Europe, North America and Asia. Following the latest acquisition of Tribelt and De Spiraal, Lesjöfors strengthens its position in Central Europe and broaden the wide product range further with conveyor belt applications. The Lesjöfors Group now consists of 26 production units in 13 countries.
For further information, please contact:
Kjell-Arne Lindbäck, CEO Lesjöfors AB
telefon: +46 (0) 705 74 99 94