Storskogen acquires Flexi Heater Sverige

Transactions, Industry

Storskogen has acquired Flexi Heater Sverige via the subsidiary ÅMV Production. Flexi Heater is a manufacturer of mobile surface heaters with a turnover of 5.6 MSEK during 2020.

Flexi Heater is a producer of mobile surface heaters that enables ground and excavation work during the winter season that are flexible and efficient. Flexi Heater is an add-on acquisition of ÅMV, a contract manufacturer of major sheet metal work and steel structures, that has been a part of Storskogen since 2012.

The acquisition of Flexi Heater will complement ÅMV’s current offering with its patented products that will be manufactured in ÅMV’s facilities in Åsele. The two companies will continue to operate under different brands, but Robert Ohlsson, CEO of ÅMV, believes that there are several opportunities for cost synergies.

“ÅMV Production looks forward to continue the development of Flexi Heater’s market leading products within mobile surface heating”, says Robert Ohlsson.

The company was founded in 2012 in Föllinge, Sweden, by Lennart Siljeström who will remain within the company. Flexi Heater will be part of Storskogen's business area Industry and the vertical Industrial technology, for which Johan Sjölander is responsible.

“We are very happy to have acquired Flexi Heater Sverige. The company has a unique product that provides a great complement to the current offering within ÅMV Production”, says Johan Sjölander.

For more information, please contact:

Michael Metzler, Press officer
Phone: +46 704 555 881
E-mail: michael.metzler@storskogen.com

About Storskogen

Storskogen acquires and manages well-managed and profitable small and medium-sized enterprises within the business areas Industry, Trade and Services in the Nordic countries, DACH and the United Kingdom. At the end of the first half-year 2021, Storskogen consisted of 94 business units with a total of approximately 7,000 employees and a trailing annual turnover (RTM) of almost SEK 19 billion.