The aerospace parts manufacturing industry in the Nordics is a vital sector known for its precision engineering and innovation. Companies in this space produce essential components ranging from airframe parts to avionics and propulsion systems. Key players include corporate giants and agile startups focusing on advanced technologies like lightweight materials and digital solutions. With sustainability becoming a priority, efforts to produce eco-friendly components are on the rise. The region's strong engineering expertise and commitment to research promise bright prospects, including increased automation and collaborative projects that connect the aerospace industry with evolving technologies in other sectors.

This list highlights key investors in the Nordic aerospace parts manufacturing industry. Corporate giants like Trelleborg Group and private equity firms such as EQT Group showcase the range of investment approaches. Headquartered primarily in Stockholm, these investors vary in size, employing anywhere from a few hundred to over 10,000 employees. Founded between the early 1900s and 2000s, many engaged in significant deals in 2024, signaling a robust interest in enhancing capabilities in aerospace materials and technologies.

Top 14 Aerospace Parts Manufacturing Investors in the Nordics

1. 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 private equity investment firm based in Stockholm, Sweden, founded in 1994. The firm specializes in a diverse range of investment strategies, including private equity, infrastructure, real estate, growth equity, and venture capital. EQT serves institutional investors by providing expertise in managing varied investment portfolios across multiple sectors and geographies. Notably, EQT has made significant strides in the aerospace sector, particularly with their acquisition of EIS Aircraft Group in 2015, which focuses on products and services for civil and military aviation. This acquisition highlights EQT's commitment to the aerospace industry, alongside their broader investment activities in other sectors. Additionally, their recent acquisition of Zeus Industrial Products in December 2023 further showcases their active investment strategy, although the direct relevance to aerospace parts manufacturing is less clear in this case. Overall, EQT Group's involvement in aerospace through specific transactions positions them as a relevant investor in the aerospace parts manufacturing space.

2. 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 significant acquisitions relevant to the aerospace industry, such as Adaero Precision Components, which enhances its capabilities in precision manufacturing for aerospace applications. Additionally, the company has acquired other firms like Huntingdon Fusion Techniques HFT and a German manufacturer of micro precision tools, further diversifying its portfolio and reinforcing its technical expertise in precision engineering, which is crucial for aerospace parts manufacturing.

3. Trelleborg Group

• Website: trelleborg.com
• Type: Corporate
• Headquarters: Trelleborg, Skåne, Sweden
• Founded year: 1905
• Headcount: 10001+
• Number of deals in 2024: 7
• LinkedIn: trelleborggroup

Trelleborg Group is a corporate investor based in Trelleborg, Skåne, Sweden, specializing in engineered polymer solutions. Founded in 1905, the company has grown to employ over 10,000 people and operates across various industries, including aerospace, automotive, healthcare, and marine. Trelleborg's commitment to innovation is evident in their recent transactions, particularly in the aerospace sector. In March 2023, they announced the acquisition of a manufacturer of aerospace components in Tukwila, Washington, aimed at enhancing their position in producing elastomers for aerospace seals. Additionally, in February 2025, Trelleborg Sealing Solutions is set to acquire Aero-Plastics, a company known for high-performance polymer components for aerospace applications, which is expected to generate significant sales. These strategic acquisitions highlight Trelleborg's focus on expanding their aerospace product offerings and solidifying their role in the aerospace parts manufacturing industry.

4. Etteplan

• Website: etteplan.com
• Type: Corporate
• Headquarters: Espoo, Uusimaa, Finland
• Founded year: 1983
• Headcount: 1001-5000
• Number of deals in 2024: 3
• LinkedIn: etteplan-group

Etteplan is a technology service company based in Espoo, Uusimaa, Finland, founded in 1983. With a workforce of 1001-5000 employees, Etteplan specializes in providing engineering solutions and software services to industrial businesses, focusing on enhancing efficiency and sustainability through innovative technologies. Their client base spans various sectors, including aerospace, automotive, and medical technology, requiring advanced technical expertise and support. In recent years, Etteplan has made several strategic acquisitions to bolster its capabilities. Notably, they acquired Cognitas GmbH, a technical information lifecycle management company, which could enhance their documentation services relevant to aerospace. Additionally, their acquisition of LAE Engineering GmbH, which specializes in electrical planning and industrial automation, may also contribute to their aerospace engineering capabilities. These transactions indicate Etteplan's commitment to expanding its expertise in sectors that include aerospace, making them a relevant player in the aerospace parts manufacturing landscape.

5. 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, founded in 2001. The company operates approximately 80 subsidiaries across various niche markets, providing specialized technical solutions in sectors such as Electrify, Control, and TecSec. In 2023, Lagercrantz acquired DP Seals Ltd, a UK-based manufacturer of rubber sealings and mouldings, which is positioned to enhance their capabilities in high-specification applications, particularly in the aerospace and energy sectors. This acquisition reflects Lagercrantz's commitment to expanding its footprint in the aerospace parts manufacturing industry. Other recent acquisitions include CP Cases, Mastsystem, and VP Metall, which, while not directly related to aerospace, demonstrate the company's strategy of growth through acquisitions and diversification of its technical solutions portfolio.

6. Kongsberg Maritime

• Website: kongsberg.com
• Type: Corporate
• Headquarters: Kongsberg, Buskerud, Norway
• Founded year: 1814
• Headcount: 5001-10000
• Number of deals in 2024: 1
• LinkedIn: kongsberg-maritime

Kongsberg Maritime, part of Kongsberg Gruppen, is a technology provider founded in 1814, specializing in advanced solutions across various sectors including defence, aerospace, maritime, and digital technologies. With a workforce of 5001-10000 employees, Kongsberg operates globally, focusing on sustainable practices and collaboration with stakeholders. Notably, Kongsberg Defence & Aerospace has made strategic acquisitions to bolster its aerospace capabilities. In 2022, Kongsberg acquired a 78% stake in NanoAvionics, a small satellite manufacturer, for EUR 65 million, aiming to enhance its space offerings. Additionally, in 2018, Kongsberg acquired Aerospace Industrial Maintenance Norway AS from the Norwegian Ministry of Defence, which allows them to strengthen their military aircraft and helicopter maintenance capabilities. These transactions underscore Kongsberg's commitment to the aerospace sector and its role as a significant player in aerospace parts manufacturing.

7. Addnode Group AB

• Website: addnodegroup.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2003
• Headcount: 1001-5000
• Number of deals in 2024: 4
• LinkedIn: addnode-group-ab

Addnode Group AB is a corporate investor based in Stockholm, Sweden, specializing in digital solutions that enhance operational efficiency across various sectors, including construction and manufacturing. Founded in 2003, the company has a decentralized business model that supports its subsidiaries in pursuing organic growth and strategic acquisitions. Notably, in 2024, Addnode Group acquired PRIME Aerostructures GmbH, a company involved in aerospace components, through its subsidiary Technia. This acquisition highlights Addnode's commitment to expanding its footprint in the aerospace parts manufacturing industry. Additionally, their acquisition of Optimec Consultants, which specializes in Computer-Aided Engineering technologies, further strengthens their capabilities in product lifecycle management, a critical aspect for aerospace manufacturing. Overall, Addnode Group's strategic acquisitions position it as a relevant player in the aerospace parts manufacturing sector.

8. EQT Ventures

• Website: eqtventures.com
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2015
• Headcount: 11-50
• Number of deals in 2024: 28
• LinkedIn: eqt-ventures

EQT Ventures is a venture capital firm based in Stockholm, Sweden, founded in 2015. The firm specializes in investing in early-stage tech startups, providing not only financial support but also operational assistance to entrepreneurs. EQT Ventures connects startups with a global network of industry experts and resources to foster growth and innovation. Notably, they have invested in Heart Aerospace, a Swedish company developing hybrid-electric airplanes, participating in their Series B funding round which raised $107 million. This investment aligns with the aerospace sector, showcasing EQT Ventures' interest in innovative technologies that could influence aerospace parts manufacturing. Their previous investments in Heart Aerospace also include a Series A round and a seed round, indicating a sustained commitment to supporting advancements in the aerospace industry.

9. NCAB Group

• Website: ncabgroup.com
• Type: Corporate
• Headquarters: Sundbyberg, Stockholm, Sweden
• Founded year: 1993
• Headcount: 501-1000
• Number of deals in 2024: 4
• LinkedIn: ncab-group

NCAB Group is a corporate investor based in Sundbyberg, Stockholm, Sweden, specializing in the manufacturing of printed circuit boards (PCBs) for various industries, including aerospace, automotive, and medical. Founded in 1993, the company has established a reputation for delivering high-quality PCBs through stringent quality controls and efficient production processes. In 2024, NCAB Group has been active in expanding its market presence through several strategic acquisitions. Notably, they acquired Phase 3 Technologies, a US-based PCB supplier, for $23.5 million, which is expected to enhance their growth in the US market and support their aerospace clients. Additionally, they signed an agreement to acquire the PCB division of DVS Global in Italy, further strengthening their position in the European PCB market. These transactions reflect NCAB's commitment to enhancing its capabilities in providing reliable PCB solutions for aerospace applications, making them a significant player in the aerospace parts manufacturing sector.

10. Lifeline Ventures

• Website: lifelineventures.com
• Type: Venture Capital
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 2009
• Headcount: 1-10
• Number of deals in 2024: 14
• LinkedIn: lifeline-ventures

Lifeline Ventures is a venture capital firm based in Helsinki, Uusimaa, Finland, founded in 2009. The firm specializes in early-stage investments, providing financial backing and advisory services to startups across various sectors. Lifeline Ventures focuses on supporting resilient founders from the inception of their ventures. Notably, they participated in a significant investment in NewOrbit Space, which raised $7.5 million in a seed round in December 2023, indicating their engagement in the aerospace sector. While their other investments, such as those in Synoste Oy, primarily target the medical device industry, their involvement in aerospace through NewOrbit Space highlights their potential interest in diversifying into aerospace parts manufacturing.

11. Saab

• Website: saab.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1937
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn: saab

Saab AB, founded in 1937 and headquartered in Stockholm, Sweden, is a prominent corporate investor in the aerospace and defense sectors. With over 10,000 employees, Saab specializes in advanced military defense systems and civil security solutions, serving a global market. The company has made strategic acquisitions to bolster its capabilities in aerospace parts manufacturing, including the acquisition of Aerospace Monitoring and Systems (Pty) Ltd in 2006, which enhanced its avionics business. More recently, Saab acquired Blue Bear Systems Research in 2023, focusing on autonomous technologies that can be applied in aerospace contexts. These transactions demonstrate Saab's commitment to expanding its technological capabilities in the aerospace industry, making it a significant player in aerospace parts manufacturing.

12. SKF Group

• Website: skf.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1907
• Headcount: 10001+
• Number of deals in 2024: 3
• LinkedIn: skf

AB SKF, founded in 1907 and based in Stockholm, Sweden, is a leading manufacturing company specializing in bearings, seals, and lubrication systems. With a workforce of over 10,000 employees and a global presence, SKF serves various industries, including aerospace, automotive, and industrial machinery. In recent years, SKF has made strategic acquisitions to enhance its technological capabilities and product offerings. Notably, the acquisition of 2C Composites in November 2023 aims to bolster their magnetic bearings technology, which can be crucial in aerospace applications. Additionally, their acquisition of Lincoln Holdings Enterprises, Inc. in 2010, a lubrication systems provider, further strengthens their position in providing essential components for aerospace machinery. These transactions reflect SKF's commitment to expanding its capabilities in sectors that include aerospace, making them a significant player in the aerospace parts manufacturing landscape.

13. 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, specializing in logistics and supply chain solutions for C-parts, including fasteners and other components. Founded in 1977, Bufab has grown to employ between 1001 and 5000 people and has made significant acquisitions to enhance its product portfolio. Notable transactions include the acquisition of Rudhäll Industri AB, which is expected to enhance Bufab's sourcing capabilities, and Apex Stainless Holdings Limited, a company specializing in stainless steel fasteners, which could be relevant for aerospace applications. Bufab's strategy includes expanding its presence in various markets, including North America and southern Europe, through acquisitions like American Bolt & Screw Mfg Corp and VITAL SpA. These transactions indicate Bufab's commitment to strengthening its offerings in sectors that include aerospace, making them a relevant player in the aerospace parts manufacturing industry.

14. Ifs

• Website: ifs.com
• Type: Corporate
• Headquarters: Sweden
• Founded year: 1983
• Headcount: 5001-10000
• Number of deals in 2024: 2
• LinkedIn: ifs

IFS is a corporate investor based in Sweden, founded in 1983, with a workforce of 5001-10000 employees. The company specializes in providing enterprise software solutions across various industries, including aerospace, energy, construction, and manufacturing. IFS's offerings, such as IFS Cloud, Asset Management, and Field Service Management, are designed to optimize operations and enhance service delivery for businesses. Notably, IFS has made strategic acquisitions to bolster its capabilities in the aerospace sector, including the acquisition of Mxi Technologies Ltd., a prominent provider of maintenance management software for the aviation industry, announced on December 13, 2016. This acquisition underscores IFS's focus on improving efficiency and decision-making in aerospace operations. Additionally, IFS has engaged in other acquisitions, such as Clevest Solutions and Falkonry, which, while not directly related to aerospace, demonstrate their broader strategy of enhancing service management capabilities across various sectors.

Aerospace Parts Manufacturing Insights: Key Investors in the Nordics

Investor	Headquarter	Size	Founded	Deals 2024
EQT Group	Stockholm, Stockholm, Sweden	1001-5000	1994	30
Indutrade AB	Stockholm, Stockholm, Sweden	5001-10000	1978	1
Trelleborg Group	Trelleborg, Skåne, Sweden	10001+	1905	7
Etteplan	Espoo, Uusimaa, Finland	1001-5000	1983	3
Lagercrantz Group AB	Stockholm, Stockholm, Sweden	1001-5000	2001	6
Kongsberg Maritime	Kongsberg, Buskerud, Norway	5001-10000	1814	1
Addnode Group AB	Stockholm, Stockholm, Sweden	1001-5000	2003	4
EQT Ventures	Stockholm, Stockholm, Sweden	11-50	2015	28
NCAB Group	Sundbyberg, Stockholm, Sweden	501-1000	1993	4
Lifeline Ventures	Helsinki, Uusimaa, Finland	1-10	2009	14
Saab	Stockholm, Stockholm, Sweden	10001+	1937	1
SKF Group	Stockholm, Stockholm, Sweden	10001+	1907	3
Bufab	Visingsö, Jonkoping, Sweden	1001-5000	1977	1
Ifs	Sweden	5001-10000	1983	2

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