The company’s customers are mainly found in the manufacturing industry, where many are original equipment manufacturers (OEMs), which means that they build machines and equipment that incorporate various components and systems. In addition, the company collaborates with installation companies, wholesalers and retailers that are targeting both professional customers and consumers.
2023 | Acquisition of Ingemar Liljenberg AB |
2023 | Acquisition of Unit-Pump A/S |
2023 | Acquisition of Lagermetall |
2022 | Acquisition of Demesne Electrical Sales Limited Ireland |
2020 | Acquisition of Zoedale Ltd |
2019 | Acquisition of Cabavo AB and the pumping division of Finisterra AS |
2018 | Acquisition of ATB Drivtech |
2017 | Acquisition of Rauheat |
2016 | Acquisition of Sitek-Palvelu |
2015 | Acquisition of Rydahls, ATC Tape Converting and Scannotec |
2014 | Acquisition of Nexa and Scanding |
2012 | Acquisition of Akkupojat. New logistics centre in Finland |
2011 | Acquisition of Svenska Batteripoolen, Svenska Helag and Flexitron. Set up in Hungary |
2010 | New logistics centre in Sweden. Disposal of Cyncrona |
2009 | Set up in China |
2008 | Acquisition of Elektro Elco. Presence established in Slovakia |
2007 | Acquisition of Klitsö |
2006 | Presence established in the Czech Republic |
2005 | Acquisition of Telfa |
2002 | Sales declined by 30 % |
2001 | Telecom crisis |
2000 | Jörgen Zahlin is appointed as Managing Director. Acquisition of Ernström Hydraulik |
1998 | Set up in Poland |
1997 | OEM and Cyncrona merge. Acquisition of Internordic Bearings |
1991 | OEM International is formed and becomes the Parent Company |
1989 | Set up in the UK |
1986 | First acquisition Industri AB Reflex |
1983 | Listed on the Stockholm Stock Exchange. Set up in Denmark |
1982 | Set up in Norway |
1981 | Set up in Finland |
1974 | OEM Automatic is set up by the Franzén and Svenberg families |