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OEM International acquires Lagermetall AB

OEM International has today signed an agreement to acquire Lagermetall AB with an annual turnover of SEK 104 million in 2022. Lagermetall with the headquarter in Örebro, sells and markets industrial slide bearings and cast bronze for mechanical applications in all industries.

- Lagermetall is a well-managed company with products and solutions that complement OEM's existing range. The company will continue to be run in its current form, but the ambition is to take advantage of synergy effects within the group, such as assortment development, market development and supplier coordination, comments Jörgen Zahlin, MD and CEO of OEM International.

The acquisition is expected to have a marginal impact on OEM’s profit for the current year.

Contacts
For further information, please contact the Managing Director and CEO , Jörgen Zahlin, on +46 75-242 40 22, or via email at jorgen.zahlin@oem.se.

About Us
OEM International is one of Europe's leading technology trading companies with 34 operating units in 15 countries. The group operates in the trade of components and systems for industrial automation. Simply described, OEM operates as an option for manufacturers to sell through their own companies. For more information see www.oem.se

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OEM International acquires Lagermetall AB

Datum 2023-10-13, kl 10:09
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