Offshore
Lesjöfors acquires Slovakian spring manufacturer 06 September 2013

Lesjöfors has signed an agreement to acquire the Slovakian spring manufacturer Centrum B – which has a broad base of customers mainly in the automotive business.

Lesjöfors is one of the largest spring manufacturers in Europe and in 2012 had sales of approximately 175 million euros. Lesjöfors operates in Sweden, Norway, Finland, Denmark, the UK, Germany, Slovakia, Latvia, Russia, China and Korea.

Centrum B´s sales in 2013 are expected to be approximately 1.5 million euros, with the company having approximately 25 employees. Centrum B will strategically complement primarily Lesjöfors´ German companies, which thanks to the acquisition will get a qualified spring producer in an attractive cost position as a partner. Centrum B’s production area includes wire springs and wire forms.
Kjell-Arne Lindbäck, CEO of Lesjöfors, comments on the acquisition: “This acquisition strengthens Lesjöfors´ position in Germany and central Europe. With Centrum B in our Group, a competitive business with high growth potential is added.”
For Centrum B the acquisition means that the company gains access to new market channels and a strong expertise through Lesjöfors’ global organisation. Ján Macuha, CEO and previous owner, comments on the sale: “The network of expertise within the spring market and access to a global sales organisation within the Lesjöfors Group will further strengthen Centrum B’s market position and significantly increase our growth.”
Claire Aldridge Deputy Editor t: +44 (0) 1727 743 889

Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.

Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.