Dacke Industri has signed an agreement to acquire Flintab AB, a Nordic region's leading supplier of the market's most innovative and competitive weighing system. The acquisition is part of Dacke Industri’s strategy to expand and strengthen the aspect as a long-time owner of innovative technology companies focusing on customized components and systems. Dacke Industri has the 9[th] of September, completed the acquisition of 100 % of the shares in Flintab AB.
Flintab AB is headquartered in Jönköping, Sweden, and employs about 75 people with a net sales of approximately EURO 14 million. They are a turn key supplier of scales and registration systems, advanced weighing solutions, and services for the Scandinavian market. Flintab AB helps customers to streamline and maximize operations with an overall view from analysis, installation, business intelligence, and service.
“Flintab AB welcomes Dacke Industri as owner and looks forward to new opportunities to continue growing in the Nordic market.” Says Pär Arlebrand, CEO of Flintab AB.
Flintab AB's aims to generate maximum customer benefit, focusing on innovation, accuracy, and quality for greater business understanding. It is a perfect fit for Dacke Industri's strategy and future excellency. Within the part of the group, that is called Electronics, Dacke focus on companies with own-developed products within measurement and control systems.
"We know that Flintab AB will contribute in many ways to the group's development and see great opportunities for valuable collaborations and exchange of experience." Says Lars Åleby, VP Electronics of Dacke Industri.
Dacke Industri is a long-term owner that invests in innovative technology companies within selected niches with potential for development. Their companies have their own products or systems with a strong technical focus, development- and design expertise, and quality execution. Dacke Industri is owned by Nordstjernan since January 2016. Today Dacke Industri has 17 subsidiaries, close to 1 600 employees worldwide, and a net sales exceeding EUR 400 million.
IMAP Sweden advised Flintab throughout the sales process