Martinsons’ next step: initiates process to find a new majority owner
The wood industry business Martinsons has initiated a process to find a new majority owner of the Group.
“We have the advantage of being able to make this decision in a strong position as we are considered a driving force in many of our markets,” says CEO Lars Martinson. “We are convinced that this is best for our operations in the long term.”
During the fiscal year 2019, Martinsons’ turnover amounted to approximately EUR 180 million. After extensive investments in recent years, the company has set a long-term target of an annual production of 580,000 cubic meters of sawn goods.
Investments in new facilities include a new factory for the production of cross-laminated timber (CLT), a new boiler, and increased drying capacity.
“We are very well invested. The work on continuous improvements that our employees carry out within the framework of our quality system has also contributed to us being a frontrunner from forestry, to sawmills, sales and wood building,” says Lars Martinson.
The company has more than 20 years of experience in industrial wood buildings. A series of strategic decisions to develop know-how and its offering as well as strategic investments have led to a leading position in frame systems in CLT and glulam.
“Only in the last year we have been chosen as a supplier to several of Sweden's most prestigious construction projects,” says Lars Martinson. “We have reached a market-leading position in several areas and we want to continue to build on that.”
The exercise to find a new majority owner is being performed together with Grant Thornton.
“Martinsons has a very strong and a very interesting market position,” says Mats Öberg, Partner at Grant Thornton. “For Martinsons’ ownership group, it is important to find a majority owner with the right profile who can develop the strong potential we see in the business.”
Martinsons is currently owned by eight shareholders in the fourth generation of the Martinson’s family ownership.
Lars Martinson, CEO
Tel +4670 666 07 12
Mats Öberg, Partner
Tel +4673 038 82 36
The Martinsons Group is one of Sweden’s largest producers of glulam and construction systems for apartment blocks, buildings and bridges in wood. In addition to extensive production of sawn timber products and construction products, Martinsons is the largest producer of cross-laminated timber (CLT) in the Nordic region. The Group has around 440 employees and annual sales of SEK 1.5 billion. The head office is in Bygdsiljum, Västerbotten, northern Sweden.
Martinsons Burträskvägen 53, 937 33 Bygdsiljum, Sweden, martinsons.se