Top 12 Metal Fabrication Investors in the Nordics
Top 12 Metal Fabrication Investors in the Nordics
The metal fabrication industry in the Nordics plays a vital role in supporting various sectors, including automotive, construction, and energy. Companies range from small specialized workshops to larger manufacturers offering services such as welding, machining, and prototyping. This industry is on the rise, driven by technological advancements and a focus on sustainability. As demand for customized metal parts grows, innovation in materials and practices is becoming more common. Additionally, the shift towards automation and green technologies will shape the future of metal fabrication, making it a thrilling area for investment and development in the coming years.
The investors featured in this list represent a mix of venture capital and private equity firms, primarily based in Stockholm, Sweden, and Turku, Finland. Most were founded in the 1990s and vary significantly in size, from small teams to large enterprises with thousands of employees. In 2024, these investors made notable moves in the metal fabrication sector, engaging in 7 to 30 deals each. Their activities reflect a keen interest in enhancing companies that specialize in providing innovative solutions within metal fabrication.
Top 12 Metal Fabrication Investors in the Nordics
1. ASSA ABLOY Group
- Website: assaabloy.com
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1994
- Headcount: 10001+
- Number of deals in 2024: 21
- LinkedIn: assaabloy
ASSA ABLOY Group is a leading security solutions provider based in Stockholm, Sweden, specializing in locks, doors, gates, and entrance automation. Founded in 1994, the company has established itself as a leader in the security industry through innovation and a diverse product portfolio. In recent years, ASSA ABLOY has expanded its footprint in the metal fabrication sector through strategic acquisitions. Notable transactions include the acquisition of Baron Metal Industries in 2006, which enhances their capabilities in metal products, and the acquisition of Stiles Custom Metal in 2019, a U.S. supplier of steel doors and frames for commercial applications. These acquisitions reflect ASSA ABLOY's strategy to strengthen its market position and product offerings in North America and beyond, particularly in the metal fabrication domain.
2. Indutrade Life Science
- Website: indutrade.se
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1978
- Headcount: 1001-5000
- Number of deals in 2024: 14
- LinkedIn: indutrade-life-science
Indutrade Life Science is a corporate investor based in Stockholm, Sweden, founded in 1978. The company is part of an industrial group that focuses on developing and acquiring companies with high technical expertise across various technology and industrial sectors. Indutrade emphasizes long-term relationships with its customers and operates through a decentralized structure, allowing its subsidiaries to maintain independence while benefiting from the group's resources. Notable transactions include the acquisition of Milltech Precision Engineering Ltd, which specializes in precision machining and assembly, and Stålprofil PK AB, both of which are relevant to the metal fabrication industry. These acquisitions reflect Indutrade's strategy to build clusters of niche companies with high technical expertise, particularly in sectors related to metal fabrication and precision engineering.
3. Almi
- Website: almi.se
- Type: Venture Capital
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1994
- Headcount: 201-500
- Number of deals in 2024: 7
- LinkedIn: almi-ab
Almi AB is a financial services company based in Stockholm, Sweden, founded in 1994. It specializes in providing loans, risk capital, and business development support to small and medium-sized enterprises (SMEs) in Sweden. Almi aims to enhance the growth and competitiveness of these businesses by offering tailored financial solutions and guidance. Among their notable transactions, Almi has invested in VBN Components, which is involved in advanced metal fabrication technologies. This investment highlights Almi's engagement in the metal fabrication sector, alongside other ventures such as Aim Sweden, Uddcomb International, and Wematter, which may not be directly related to metal fabrication but showcase their diverse investment portfolio.
4. EQT Group
- Website: eqtgroup.com
- Type: Private Equity
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1994
- Headcount: 1001-5000
- Number of deals in 2024: 30
- LinkedIn: eqt-partners
EQT Group is a prominent investment firm based in Stockholm, Sweden, specializing in private equity, infrastructure, real estate, growth equity, and venture capital. Founded in 1994, EQT serves institutional investors by providing expertise in managing diverse investment portfolios across multiple sectors and geographies. Among their notable transactions, EQT acquired Lillbacka Corporation, also known as FINN-POWER, which is a key player in the metal fabrication industry, indicating their strategic interest in this sector. Additionally, they have been involved with Modern Metal, which further highlights their engagement in the metal fabrication context. These transactions reflect EQT's capability and willingness to invest in the metal fabrication industry, alongside their broader investment strategy.
5. Aboa Venture III Ky
- Website: aboaventure.fi
- Type: Private Equity
- Headquarters: Turku, Southwest Finland, Finland
- Founded year: 1994
- Headcount: 1-10
- LinkedIn: aboa-venture-iii-ky
Aboa Venture III Ky is a private equity firm based in Turku, Southwest Finland, founded in 1994. The firm specializes in providing equity financing solutions to Finnish businesses with revenues between 2-20 million euros, focusing on acquisitions and growth investments. Aboa Venture has been involved in several transactions relevant to the metal fabrication industry, including investments in companies such as Uudenkaupungin Rautavalimo, which specializes in metal casting, and JL Levytekniikka, which likely operates in the metal processing sector. Other notable investments include Coreplast Laitila and WM-Plast, which may also have connections to metal fabrication processes. Their clientele consists of small to medium-sized enterprises seeking capital for expansion and restructuring, making them a suitable investor for businesses in the metal fabrication industry.
6. Indutrade AB
- Website: indutrade.com
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1978
- Headcount: 5001-10000
- Number of deals in 2024: 1
- LinkedIn: indutrade-ab
Indutrade AB is a technology and industrial group based in Stockholm, Sweden, founded in 1978. The company specializes in developing and acquiring businesses characterized by high technical expertise across various sectors, including infrastructure, medical technology, and energy. Indutrade operates through over 200 subsidiaries, emphasizing decentralized leadership and long-term relationships with customers and partners. Notably, Indutrade has made several acquisitions relevant to the metal fabrication industry, such as CKJ Steel AS, which supplies engineering solutions and process equipment, and a German manufacturer of micro precision tools, indicating a focus on precision engineering. Additionally, their acquisition of Sax Lift A/S, which manufactures custom-made scissor lift tables, further highlights their engagement in manufacturing processes that may involve metal fabrication.
7. Lagercrantz Group AB
- Website: lagercrantz.com
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 2001
- Headcount: 1001-5000
- Number of deals in 2024: 6
- LinkedIn: lagercrantz
Lagercrantz Group AB is a technology group based in Stockholm, Sweden, that specializes in providing tailored technical solutions across various sectors. Founded in 2001, the company operates approximately 80 subsidiaries focused on niche markets, offering products and services in areas such as Electrify, Control, and TecSec. Their business model emphasizes acquisitions and organic growth, catering primarily to business customers seeking specialized technology solutions. Notably, Lagercrantz has made significant strides in the metal fabrication context through its recent acquisitions. In February 2024, they announced the acquisition of Prido AB, a Swedish manufacturer of industrial doors and gates, which is directly related to metal fabrication. Additionally, their acquisition of VP Metall AS, a leader in electrical connector systems, further highlights their engagement in sectors that require metal fabrication expertise. These strategic moves position Lagercrantz as a relevant player in the metal fabrication industry.
8. Altor Equity Partners
- Website: altor.com
- Type: Private Equity
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 2003
- Headcount: 51-200
- Number of deals in 2024: 6
- LinkedIn: altor
Altor Equity Partners is a private equity investment management firm based in Stockholm, Sweden, founded in 2003. The firm focuses on enhancing operational efficiency and sustainable growth for its partners through tailored investment strategies and digital transformation solutions. Altor has been involved in several significant transactions in the metal fabrication context, including the acquisition of Åkers Group, which is a key player in the steel industry, and the investment in H2 Green Steel, aimed at developing a large-scale green steel plant. Additionally, their acquisition of Norican Group, a leader in metallic parts enhancement, highlights their commitment to the metal fabrication sector. These transactions illustrate Altor's strategic interest in companies that contribute to the metal fabrication industry, making them a relevant investor in this field.
9. Lindab Group
- Website: lindab.com
- Type: Corporate
- Headquarters: Grevie, Skåne, Sweden
- Founded year: 1959
- Headcount: 1001-5000
- Number of deals in 2024: 6
- LinkedIn: lindab
Lindab Group is a corporate investor based in Grevie, Skåne, Sweden, specializing in ventilation systems and building products. Founded in 1959, the company has grown to employ between 1001 and 5000 people and has made six investments in 2024 alone. Lindab's focus is on providing energy-efficient solutions for both residential and commercial properties, catering to construction companies and contractors. Notably, Lindab has made several acquisitions that enhance its position in the metal fabrication sector. In 2022, they acquired Muncholm A/S, a leading wholesaler for tinsmiths in Denmark, which allows them to strengthen their operations and product offerings in the metal fabrication market. Additionally, their acquisition of Profilplåt, a Swedish roof manufacturer, complements their production capabilities with high-quality metal products. These strategic moves highlight Lindab's commitment to expanding its influence in the metal fabrication industry while maintaining its core focus on building products and ventilation systems.
10. Metso
- Website: metso.com
- Type: Corporate
- Headquarters: Espoo, Uusimaa, Finland
- Founded year: 2020
- Headcount: 10001+
- Number of deals in 2024: 2
- LinkedIn: metso
Metso Corporation is an industrial machinery company based in Espoo, Uusimaa, Finland, specializing in technology and services for the mining, aggregates, and oil and gas industries. Founded in 2020, Metso operates globally, providing a range of products including machinery, spare parts, and lifecycle services aimed at enhancing operational efficiency and sustainability for their business customers. Notably, Metso has made significant acquisitions in the metal fabrication sector, including Fabco Inc., a fabrication company that enhances their Paper and Fiber Technology segment, and Ab A. Häggblom Oy, which specializes in manufacturing mining truck bodies and buckets. These transactions reflect Metso's commitment to expanding its capabilities in metal fabrication, particularly in relation to the mining industry, thereby strengthening its overall service offerings.
11. Lesjöfors Group
- Website: lesjoforsab.com
- Type: Corporate
- Headquarters: Karlstad, Varmland, Sweden
- Founded year: 1675
- Headcount: 1001-5000
- Number of deals in 2024: 2
- LinkedIn: lesjoforsab
Lesjöfors Group, founded in 1675 and based in Karlstad, Varmland, Sweden, is a prominent corporate investor in the metal fabrication industry, specializing in the manufacturing of springs and pressings. The company serves a diverse range of sectors, including automotive, electronics, and medical, providing both standard and custom solutions to meet specific customer needs. In recent years, Lesjöfors has expanded its footprint in the metal fabrication market through strategic acquisitions. Notably, they acquired Plymouth Spring Company, Inc., a US-based manufacturer of industrial springs, to enhance their presence in the US market. This acquisition, announced on December 10, 2021, aimed to consolidate the industrial springs market and leverage Plymouth's established customer base. Following this, Lesjöfors signed an agreement to acquire Tollman Spring Company on April 3, 2023, further increasing their revenue potential in the US by approximately 30%. Additionally, their acquisition of Velleuer GmbH & Co. KG in Germany and a 51% stake in International Industrial Springs in India demonstrates their commitment to expanding their operations in key markets. These transactions highlight Lesjöfors Group's active role in the metal fabrication industry, making them a significant player in this sector.
12. Bufab
- Website: bufab.com
- Type: Corporate
- Headquarters: Visingsö, Jonkoping, Sweden
- Founded year: 1977
- Headcount: 1001-5000
- Number of deals in 2024: 1
- LinkedIn: bufab
Bufab is a corporate investor based in Visingsö, Jonkoping, Sweden, founded in 1977. The company specializes in logistics and supply chain solutions for C-parts, including fasteners and other components, serving various industries such as furniture and aerospace. Bufab has been actively expanding its portfolio through strategic acquisitions in the metal fabrication sector. Notable transactions include the acquisition of Apex Stainless Holdings Limited, a UK-based company specializing in stainless steel fasteners, and American Bolt & Screw Mfg Corp, which enhances Bufab's presence in the North American market. Additionally, Bufab acquired Rudhäll Industri AB, which contributes to their product portfolio and sourcing capabilities. These acquisitions reflect Bufab's strategy to strengthen its offerings in the metal components market, aligning with their focus on optimizing supply chains for their clients.
Metal Fabrication Insights: Key Investors in the Nordics
| Investor | Headquarter | Size | Founded | Deals 2024 |
|---|---|---|---|---|
| ASSA ABLOY Group | Stockholm, Stockholm, Sweden | 10001+ | 1994 | 21 |
| Indutrade Life Science | Stockholm, Stockholm, Sweden | 1001-5000 | 1978 | 14 |
| Almi | Stockholm, Stockholm, Sweden | 201-500 | 1994 | 7 |
| EQT Group | Stockholm, Stockholm, Sweden | 1001-5000 | 1994 | 30 |
| Aboa Venture III Ky | Turku, Southwest Finland, Finland | 1-10 | 1994 | 0 |
| Indutrade AB | Stockholm, Stockholm, Sweden | 5001-10000 | 1978 | 1 |
| Lagercrantz Group AB | Stockholm, Stockholm, Sweden | 1001-5000 | 2001 | 6 |
| Altor Equity Partners | Stockholm, Stockholm, Sweden | 51-200 | 2003 | 6 |
| Lindab Group | Grevie, Skåne, Sweden | 1001-5000 | 1959 | 6 |
| Metso | Espoo, Uusimaa, Finland | 10001+ | 2020 | 2 |
| Lesjöfors Group | Karlstad, Varmland, Sweden | 1001-5000 | 1675 | 2 |
| Bufab | Visingsö, Jonkoping, Sweden | 1001-5000 | 1977 | 1 |
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