15/07/2024 – Acquisition development: Lesjöfors Group
Poland and India expansions for spring manufacturer
The Lesjöfors Group, market leaders in spring and pressing manufacture, has further increased its operations in Eastern Europe with the opening of a new manufacturing facility in Poland, alongside its subsidiary Alcomex. Investments have also been made in India.
Alcomex factory. © Lesjöfors/JK Phenster Nordian
The new production site in Marki, Poland, divides the custom-made tension and torsion spring manufacturing specialisms across two dedicated sites and enables the production and assembly of increased spring volumes, in line with customer demand.
In addition, investments have also been made at Alcomex’s standard stock door spring operation in Pune, India. Enabling advancements in cutting-edge technology, production lines, storage and shipping facilities, the recent funding expands capabilities in line with market predictions for the European and American residential and industrial door spring market.
Ola Tengroth, CEO of the Lesjöfors Group says: “We’re proud to have Alcomex as one of our brands. These recent investments support their and our vision and tactical market growth, all of which has added to our global market expansion and opened new markets for our springs, pressings, gas springs and metal belt manufacture and supply.”
Jelle van Vliet, Managing Director of Alcomex says: “Our strategic asset growth programme and facility investments have been in direct correlation with customer demand and projected sales trajectories.”
Conrad Hietink, Managing Director of Alcomex says: “Since 2016, our share of the European door spring market has grown, and I am so proud of everything our team has achieved. We look forward to ongoing expansion over the next decade.”
Headquartered in Holland, with production and distribution centres across the world, Alcomex was acquired by the Lesjöfors Group in 2021.
Ola Tengroth concludes: “Acquisitions are a core part of the Lesj?fors growth strategy, strengthening our brand as a leading spring and pressing supplier. We have over 50 production and technical sales offices in Europe, America and Asia and are actively looking to acquire more spring manufacturers, to extend our capabilities and geographic reach.”
