Lesjöfors, a European manufacturer of springs, pressings and wire parts, has acquired two Spirbelt Beheer B.V. subsidiaries—De Spiraal and Tribelt—in the Netherlands.
A press release said that De Spiraal is a manufacturer of technical springs and industrial wire products. Tribelt makes conveyor belts for a diversified customer base that includes the food, pharmaceutical and energy industries. The two companies are located in the same plant, which they moved to in 2015. The companies have annual revenues of approximately €14 million, mostly from the European market.
"De Spiraal and Tribelt are companies that fit well into Lesjöfors’s European platform, with a diversified customer base and opportunities for cross sales with our existing businesses," said Lesjöfors President Kjell-Arne Lindbäck.
With this latest deal, Lesjöfors, owned by Beijer Alma, has strengthened its position in Central Europe. The Group now consists of 26 production units in 13 countries.