Gryaab AB awarded a framework agreement for pumps and related products and services to nine suppliers on 11 October 2024, with a total value of SEK 7,000,000 and a term to 31 October 2028. Xylem Water Solutions Sweden is listed first among the winners.
WTR Group has bought Pumpteknik AB, a Gothenburg-based supplier of pumps, blowers, vacuum units, compressors and LPS pump stations. All staff, including the owner and CEO Stefan Ström, will stay on.
Alleima will invest about SEK 330 million to reopen and upgrade a steam generator tube plant in Sandviken, Sweden, raising capacity by about 60%. Production starts from late 2026 and about 90 jobs will be created.
Vestum has agreed to sell 100% of Flowa Technology AB to private equity investor Nordic Capital for SEK 6.5 billion cash on a cash- and debt-free basis. Completion is expected in the second half of 2026, subject to approvals.
Höörs kommun awarded VA Gruppen Entreprenad AB a contract for service and repair of LPS pumps on 23 September 2024, valued at 2,500,000 SEK, running until 31 October 2027.
A.P. Moller Holding's subsidiary Circle Bidco ApS announced a recommended public cash offer of SEK 230 per share to acquire Concentric AB, a Nasdaq Stockholm-listed maker of pump, fan and fluid power solutions for commercial vehicles.
TOPPAN Holdings and Toyo Seikan signed a letter of intent to form a joint venture in Sweden to manufacture packaging for automotive lithium-ion batteries, with Toyo Seikan holding 51% and TOPPAN 49%. Operations are expected to start in 2026 or later, with about Y11 billion ($68.6 million) planned investment.
TOPPAN Holdings and Toyo Seikan will sign a letter of intent to set up a joint venture in Sweden making lithium-ion battery packaging for automakers, with Toyo Seikan holding 51% and a planned total investment of about 11 billion yen.
BillerudKorsnas is expanding its Gruvon paper mill in Grums with a new board machine of 550,000 tonnes annual capacity and rebuilding of the existing pulp mill, in its largest investment ever at SEK 5.7 billion.
ORAB Entreprenad won a contract to deliver pipe installations for BillerudKorsnas' Gruvon mill expansion in Grums, with an order value of about 40 million, starting January 2018.
Momentum Group, through subsidiary Börjesson Pipe Systems, signed an agreement to acquire 100 percent of Minrox AB, a Swedish specialist in flow technology for abrasive industrial processes. Minrox has about SEK 34 million turnover and operates from Huddinge and Motala. No deal value was disclosed.
Mondi partnered with Scan Sverige to supply its recyclable polypropylene mono-material WalletPack for the Pärsons brand's sliced ham, salami and plant-based products, in use since March 2024. The development was reported on 17 May 2024.
Nefab Packaging Sweden AB was awarded a framework agreement by the Swedish Armed Forces (Försvarsmakten) for the design, manufacture and storage of special packaging. The buyer's pre-procurement estimated value was SEK 100 million.
Metsä Board invested €230 million in its Husum mill in Sweden to modernise and expand folding boxboard machine BM1, raising annual capacity to 600,000 tonnes. The upgraded machine was inaugurated in April 2024.
Oatey's affiliate has acquired Aktibolaget Durgo, a Stockholm-based manufacturer of air admittance and pressure regulating valves, to expand in European and Asian plumbing markets. The announcement was made on March 4, 2024.
Topsoe signed a licensing and engineering agreement with Preem to supply its HydroFlex technology for producing sustainable aviation fuel and renewable diesel at Preem's Lysekil refinery in Sweden. The revamped refinery is expected to start operating in 2027.
Sauer Compressors acquired 100% of its Swedish sales partner Söders Maskinservice AB, effective 1 January 2024, to expand its presence in the Nordic countries; the company will operate as Sauer Compressors Nordics AB.
Metsä Board has completed the project adding 200,000 tons of annual folding boxboard capacity at its Husum mill in Sweden, raising output to 600,000 tons; full capacity is expected by end-2025.
Andritz signed an agreement to acquire the NAF AB control valve business from Flowserve Corporation. NAF, headquartered in Linköping, Sweden, makes process control valves for pulp and paper and other industries. No price was disclosed.
Göteborg Energi awarded Xylem Water Solutions Sweden the contract for Utbyte AS 1 pumps and accessory equipment, valued at 40,000,000 SEK, with the agreement running from November 2024 to September 2027.
Mekano AB and Carl A Nilssons Elektriska Reparationsverkstad announced a merger effective 1 January 2024, combining their repair and sales operations for industrial components at Mekano's premises in Helsingborg.
Axel Johnson International appointed Thomas Ekman as its new Board Chair, succeeding Mia Brunell Livfors, who was unavailable for re-election. Ekman is CEO of Axel Johnson AB.
Tetra Pak and Axjo Group are working together on a planned recycling plant in Gislaved, Sweden, for polyAl layers from carton packaging, with up to 10,000 tonnes annual capacity. The collaborative investment is up to EUR 24 million, with operations expected from 2025.
RDM Group finalized the acquisition of 100% of Fiskeby International Holding AB, a Swedish producer of recycled-fibre packaging board with a 170,000-tonne-per-year mill. The deal makes RDM the largest independent recycled board producer in Europe.
Momentum Group signed an agreement on 22 May 2023 to acquire 93.7 percent of Askalon AB from the founding Warnqvist family, at an enterprise value of SEK 240 million for 100 percent. Closing is expected in early June 2023.
RDM Group signed an agreement to acquire Fiskeby, a Swedish producer of recycled packaging board from 100% recovered fiber, with a mill capacity of 170,000 tonnes per year; closing is expected by Q3 subject to antitrust clearance.
Mölndal Energi Aktiebolag awarded Armatec AB a contract to supply about 413 hand and control valves, including valve actuators, for a new district cooling plant in Mölndal, Sweden. The awarded value was EUR 306,247.
Pac-Production Sweden Aktiebolag was named winner of the Region Värmland tender for take-away packaging materials, with a contracted value of 4,350,000 SEK over a 2+1+1 year term. The notice was published on March 29, 2023.
SCA's world's largest kraftliner machine entered service at its Obbola plant in Västerbotten, Sweden, as part of a SEK 7.5 billion expansion, with capacity rising from 450,000 to 725,000 tonnes a year. The machine was built by Voith.
Sulzer completed its acquisition of Cardo Flow Solutions, a Malmö-based pump supplier for the wastewater market, for a total cash consideration of SEK 5.9 billion (CHF 852 million), on July 29, 2011.
DeLaval plans to raise production capacity of its VMS automatic milking systems by 50% to meet rising demand, with a new VMS factory targeted for setup in 2024 at its Tumba site in Sweden.
Vow ASA subsidiary C.H. Evensen was awarded a contract by Swedish steelmaker Uddeholm to convert four heat treatment furnaces from fossil gas to electric operation. The order is worth about NOK 24 million and lifts C.H. Evensen's backlog to NOK 155 million.
Vow ASA subsidiary C.H. Evensen Industriovner was awarded a contract by Swedish steelmaker Uddeholm worth about NOK 24 million to convert four heat treatment furnaces from fossil gas to electric operation.
Mölndal Energi Aktiebolag awarded Armatec AB a contract to supply about 413 hand and control valves for a new district cooling centre, with a contracted value of 3,476,363 SEK.
Momentum Group signed an agreement to acquire 70% of Hydmos Industriteknik AB, a Stockholm maker of high-pressure hydraulic and gas systems. Closing is expected in February 2023.
J2L Holding AB has acquired the Rehobot group, parent of Rehobot Hydraulics and Simson Power Tools, effective 9 January 2023. Rehobot Hydraulics in Eskilstuna makes high pressure hydraulic pumps, cylinders and tools.
Hiab agreed to buy the family-owned Swedish industrial group Olsbergs, which makes hydraulic valves and remote controls for its loader cranes. The closing is set for 1 January 2023, and all 100 Olsbergs employees will join Hiab. The value was not disclosed.
Stora Enso is investing EUR 42 million to modernise its Skutskär site in Sweden, improving fluff pulp production and occupational safety. Completion is expected in Q2 2024.
Maximator Hydrogen was contracted by Swedish firm REH2 to supply 24 hydrogen filling stations for heavy trucks in Sweden. The first station is due in autumn 2023 with the rest following monthly from 2024.
Göpfert Maschinen GmbH has taken over all of Dücker Corrpal AB in Ystad, Sweden, a specialist in breakers.
Dansk Træemballage has agreed to acquire AB Karl Hedin Emballage, a Swedish wood packaging maker with 10 production sites in Sweden and one in Estonia, with closing on 9 May 2025.
Aven Rabbalshede AB, a Swedish wooden packaging maker and subsidiary of Dansk Træemballage, is acquiring Pall & Träkonstruktioner AB, with completion scheduled for 21 October 2026.
AR Packaging Halmstad purchased a Comexi S1 DS slitter-rewinder for its flexible packaging plant in Halmstad, Sweden, to increase productivity. The deal extends a relationship of about 30 years between the two companies.
BillerudKorsnäs added the KM 7 board machine at its Gruvön mill in Värmland, Sweden, with an investment of SEK 5.7 billion, and shut down three older machines. The machine has a capacity of 550,000 tonnes per year and came online in October 2019.
Varuförsörjningen awarded a 16 million SEK transport and waste packaging framework to Harlequin Trade AB, Remeda, San Sac, Plastsystem H. Helmetschläger and Procurator, with a planned start of November 2022.
Dansk Træemballage A/S agreed to acquire AB Karl Hedin Emballage, a Swedish wood packaging maker with 10 production sites in Sweden and one in Estonia, about 275 employees and revenue of about DKK 410 million in 2024. The deal was to close on 9 May 2025.
Dansk Træemballage's Swedish subsidiary Aven Rabbalshede AB is acquiring Pall & Träkonstruktioner AB, with the takeover stated to take place on 21 October 2026. Aven Rabbalshede makes wooden crates, pallets and packaging for about 250 customers.
Stora Enso is investing EUR 8 million with new machinery at its Hylte, Sweden site to double formed fiber capacity from 50 to about 115 million units annually. The company will also recruit more than ten employees for formed fiber production.
Valmet will supply a long-term Performance Agreement and a rebuild of board machine BM 1 at Metsä Board's Husum mill in Sweden. The work aims to raise annual folding boxboard capacity by 200,000 tonnes to 600,000 tonnes, with start-up planned for fall 2023. The order value was not disclosed.
Francks Kylindustri acquired Kyl & Värmepumpservice i Halmstad AB, a family refrigeration and heat pump service business in Halmstad, Sweden with about SEK 50 million turnover and 14 employees. The former owners will continue to run the company. Announced November 24, 2021.