ARAT GROUP acquired engineering company GÖSTA HEDLUND AB
13 March 2019
Hedlunds is a mechanical engineering company that manufactures timber handling equipment and bio-product equipment for the sawmill and cellulose industry. The company has sales of SEK 60 mkr with 20 employees.
ARAT Group supplies high-tech equipment to the sawmill and processing industry. The four companies that form ARAT Group are run independently and have a combined turnover of nearly SEK 400 mkr with 120 employees.
”We see great potential in Hedlunds with talented staff, very good products and a strong brand,” say Johan Andersson CEO ARAT Group.
”We now get the best opportunities to continue to develop the company together with our new and strong owners,” say Gösta Hedlund, former owner of Hedlunds.
Hedlunds will continue to operate independently, but will be a part of the ARAT Group ownership structure.
For more information, please contact:
Johan Andersson, CEO ARAT Group
About ARAT Group
ARAT Technology Group (ARAT) supplies high tech equipment and automation, primarily for wood industry. Deliveries are made all over the world with a focus in the Nordic region. The Group includes AriVislanda, Renholmen, Almab and Hedlunds. ARAT's strength is our ability to see and understand each company’s unique conditions, needs and potential. ARAT Group is owned by Storskogen.
About Storskogen AB
Storskogen is an industry and trading group that owns 30 Swedish companies with a turnover of approximately SEK 5 billion. Storskogen is a secure and long term owner with the ambition to grow organically and through acquisitions.