Lesjöfors enters US market following acquisition
Lesjöfors AB has purchased the spring operations of Sandvik Materials Technology – a leading manufacturer in the US market. The company focuses on power springs and revenue of about MSEK 100. The acquisition opens up a new market and provides the opportunity for support to existing customers. Sandvik Materials Technology, which operates plants in both the US and Mexico, is a leader in the specialty area of power springs, with a significant market share.The company’s principal market is the NAFTA zone – the free trade area encompassing the US, Canada and Mexico – which accounts for