Troax acquires leading supplier of ’self storage’

Troax AB, which is part of the Troax Group AB, acquires all shares in Lagermix Rullportar AB as of 1 October 2015, with an estimated annual turnover of approximately 10 MSEK.

Lagermix Rullportar (www.lagermixrullportar.se delivers complete solutions for installations of rental storage. These solutions includes complete ’self-storage’ interiors or storage areas for rental or storage buildings.

Lagermix Rullportar have its seat in Falkenberg, Sweden, but delivers and installs all over Sweden and other Nordic countries.

Troax is increasing its focus on the concept ‘self-storage’ and this acquisition should be seen as a step in this development. “This is an important step in increasing the Troax offering to the growing segment of ‘self-storage”, comments Thomas Widstrand, CEO of Troax Group AB.

There will be no or only marginal impact on the profit per share in Troax Group AB.

The company will be integrated in Troax organization and will be given new possibilities for growth outside of Sweden, the main market for Lagermix Rullportar so far.

The founder Jens Pedersen will continue to be active in the company and give the customers the same excellent service like before. “It will be, by this acquisition, easier for me to concentrate even more on customers and on new markets, which I am looking forward to”, concludes Jens Pedersen, founder of Lagermix Rullportar.

Hillerstorp 16th of October 2015

Troax Group AB (publ) 


For further information, please contact:

Thomas Widstrand, President and CEO, Troax Group AB, Tel +46 370-828 31, thomas.widstrand@troax.com

Jens Pedersen, Sales, Lagermix Rullportar AB, Tel +46 346-808 80, jens@lagermix.se

Jonas Rydqvist, Nordic Manager, Troax Nordic AB, Tel +46 370-828 35, jonas.rydqvist@troax.com

Thomas Widstrand
President and CEO
Troax Group AB
Box 89
330 33 Hillerstorp
Tel 46 (0)370-82831
http://www.troax.com
thomas.widstrand@troax.com

About Troax

Troax is the leading global supplier of indoor perimeter protection (“metal-based mesh panel solutions”) for the market segments: Automation & Robotics, Material Handling & Logistics and Property Protection. Troax develops high quality and innovative safety solutions to protect people, property and processes.

Troax Group AB (publ), Reg. No. 556916-4030, has a global organisation with an unparalleled sales force and efficient logistics setup, enabling local presence and short delivery times in 31 countries. In 2014 Troax net sales amounted to around EUR 90 million and the number of employees amounted to about 400 persons. The Company’s head office is located in Hillerstorp, Sweden.

www.troax.com

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About Us

Troax is the leading global supplier of indoor perimeter protection for the market segments: Machine guarding, Warehouse partitioning and Property Protection. Our mission is to develop high quality and innovative safety solutions to protect people, property and processes. Since the company was founded in 1955, Troax has grown into a successful listed international group with approximately 700 employees and local representation in 42 countries. In 2018, net sales amounted to approximately 161 MEUR. The head office is located in Hillerstorp, Sweden.

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Quotes

This is an important step in increasing the Troax offering to the growing segment of ‘self-storage'
Thomas Widstrand, President and CEO, Troax Group AB