Colly Flowtech AB, a leading supplier of flow technology products, is proud to announce the acquisition of Slangspecialisten Skandinavien AB, a reputable supplier of hoses and fittings with almost 30 years of experience in the Scandinavian market. This strategic acquisition will take effect on February 22, 2024 and marks a milestone in the history of both companies.
”We look forward to continuing to offer our customers superior products and services together, and to further strengthen our position in the market. By bringing together two strong companies with complementary strengths and capabilities, we can now offer an even broader portfolio of products and services, strengthening our ability to meet market needs and expectations”, says Max Malm, Business Area Manager at Colly Flowtech.
Customers will benefit from an extended and diversified range of high quality hoses and fittings. Through the combined experience and knowledge of Slangspecialisten and Colly Flowtech, customers can expect improved solutions, service and support. Max Malm continues,
”Integrating Slangspecialisten into the Colly Flowtech family is a strategic move that not only expands our product portfolio but also strengthens our knowledge base and market presence. This acquisition is a win for everyone involved - a step forward for our companies, a benefit for our customers and a positive development for the market.”
From Slangspecialisten's side, Frans Juhlin, CEO of Slangspecialisten, expresses similar optimism:
“Becoming part of Colly Flowtech gives us a stable and strong owner with access to an expanded range of pumps, hoses, filters and stainless steel pipes and fittings. They are on a strong growth journey and have a well-developed organization that can take care of Slangspecialisten's employees, customers and suppliers in a very good way. This opens new doors for us, and we are really looking forward to the opportunities that this cooperation brings.”
Frans Juhlin continues,
”Colly Flowtech has shown great interest for a long time and now presented a clear plan for how our organizations will develop together. In addition, they have acquired companies in the past with very good results, such as the acquisitions of Dominator Pump and AG Johansons Metallfabrik.”
About Colly Flowtech AB
Colly Flowtech is a leading supplier of innovative flow technology. Since 2008, with a local presence, unrivaled service and expertise, the company has offered the best total solutions of flow products to the manufacturing industry in the Scandinavian market.Through cooperation with world-leading suppliers, customers are offered the latest technology and the most innovative products.The company has about 60 employees and is currently located at eight sites in Sweden and Denmark. Sales were approximately SEK 300 million in 2023. The company is part of the listed Indutrade AB. Indutrade consists of more than 200 companies that produce and/or sell industrial products with a turnover of approximately SEK 30 billion per year. www.collyflowtech.se
About Slangspecialisten Skandinavien AB
Slangspecialisten are experts in hose solutions for the Scandinavian market. Together with market-leading manufacturers, the company offers high-quality complete solutions to all types of industries. With a focus on quality, safety and sustainability, customers are offered a reliable and knowledgeable partner. The company, which is based in Lund, was founded in 1996 and has 8 employees. Turnover was 28 MSEK in 2023. www.slangspecialisten.se
For more information, please contact:
Max Malm, Business Area Manager Colly Flowtech AB, max.malm@colly.se
Frans Juhlin, CEO Slangspecialisten AB, frans.juhlin@slangspecialisten.se
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