Holms Industri AB ("Holms"), Europe's leading manufacturer of road maintenance tools, has acquired Helix Kapital ("Helix") as a new majority shareholder. The current management team will remain in place and, together with Helix as active owner, will pursue a strategy of accelerated expansion and product development.
Holms was founded in 1927 and develops, manufactures and sells equipment for maintenance of roads and industrial outdoor surfaces. The company has developed innovative products and is the international leader within several product niches. In the last years, Holms has shown solid organic growth and is today generating revenues of approximately SEK 100 million with sales in the Nordics, rest of Europe, Americas and Asia. The company is headquartered in Motala and has approximately 50 employees.
Management is investing alongside the majority owner Helix.
"Holms is facing a very exciting future. After a series of completed and planned product launches, the company has good opportunities to significantly accelerate its growth. We are working in a market that is clearly changing and evolving in line with increasing demands regarding the environment, road safety and year-round accessibility. With the support of Helix, Holms will be able to actively participate in and drive the development of the industry", says Carl Gindahl, CEO of Holms Industri.
"In recent years, Holms has developed very well. The company's investments in product development and increased sales focus have been successful and the management has done a fantastic job in implementing these initiatives. It is with confidence that we hand over the baton to Helix. For Holms, a new ownership structure means that it can focus fully on developing the company while having the benefits of a strong owner willing to invest in the future." says Eva Sandström, representative of the third generation of the owner family.
The terms of the transaction were not disclosed.
For further information about Holm's Industry, please contact
President and CEO
+ 46 0720-80 10 34
About Holm's Industry
Holms Industri AB in Motala was founded in 1927. The company is the leading European manufacturers of Sweeping- and Snow attachments for tractors and wheel loaders and is generating revenues of approximately SEK 100 million, of which half is generated outside of Sweden.
About Helix Kapital
Helix Kapital is a Swedish investment fund that invests in profitable, high-quality small companies in Sweden. Helix focuses on companies with growth and development potential where Helix can act as a partner in increasing the pace of business development. By being an active owner who contributes both capital and skills, Helix helps companies achieve their full potential.