Lindab has agreed to acquire the majority of Plannja's project sales organisation. The acquired business, primarily located in Luleå, concerns mainly the manufacture of sandwich panels and decking profiles, and employs around 50 people. The business, which is one of the market leaders in sandwich panel manufacturing the Nordic region, had sales of around SEK 150 million within the industrial segment in the Nordic markets last year.
Peter Andsberg, Business Area Manager, Lindab Building Components, comments: "Sandwich panels are a perfect complement to our offering and gives us real potential to grow in the Nordic region. Sandwich panels have considerable advantages in terms of both energy efficiency and a simplified construction process. With a clear political goal to reduce the energy consumption of buildings within Europe, the growth potential for energy efficient construction is greater than for the construction market in general. Moreover, this means we can offer our customers a solution that is quick and simple to install, which is entirely in line with our approach towards simplifying construction."
Lindab's President and CEO, David Brodetsky, adds:
"This is an acquisition that fits our Building Components strategy for the Nordic region for the future. Sandwich panels are very much in demand and already form part of our product range via a third party. We can now extend our offering with our own produced sandwich panels to both new and existing customers in the Nordic markets."
The acquisition is planned for completion on 19 March.