# IRO AB and Aros Electronics AB merge into Vandewiele Sweden AB

Vandewiele NV merged its subsidiaries IRO AB and Aros Electronics AB into Vandewiele Sweden AB effective January 1, 2021, with approximately 250 employees and sales of SEK 750 million.

- Type: Acquisition
- Announced: 2021-01-01
- Where: Sweden
- Jobs: 250
- Status: completed
- Products: textile machinery components
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Vandewiele](https://endata.com/companies/44468.md) (partner)
- [IRO AB](https://endata.com/companies/64438.md) (target)
- [Aros Electronics AB](https://endata.com/companies/64439.md) (target)
- [Vandewiele Sweden AB](https://endata.com/companies/64440.md) (acquirer)

## Sources

- [vandewiele.com](https://vandewiele.com/brands/iro), 2022-07-29: "To further strengthen the Swedish operations, we have decided to merge the common resources under the new name Vandewiele Sweden AB from January 1, 2021."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.