Beijer Alma’s subsidiary Beijer Tech has acquired a majority share in Finn Lamex Safety Glass Oy, a manufacturer of complex laminated windscreens for commercial vehicles, motorhomes and industrial machines.

Finn Lamex engineers and manufactures laminated windscreens for primarily the aftermarket for buses. The company is highly regarded for its strong expertise, ability to tailor complex screens to meet customer requirements and commitment to deliver high quality products. Through its strong offering, the company has established a significant market share on the European aftermarket. Located in Laitila, Finland, Finn Lamex generates approximately €14 million in annual revenue with favourable profitability. The company has about 80 employees.

The acquisition is in line with Beijer Alma’s model for value-adding acquisitions and Beijer Tech’s strategy of acquiring profitable companies in attractive niches with good growth potential and high value add.

Beijer Tech’s President, Staffan Johansson, commented on the transaction: “Through its high quality and customer-centric strategy, Finn Lamex has built a strong position within its market niche. The company has long standing customer relations and is well positioned to benefit from the prevailing market trends. All in all, Finn Lamex’s profile is well aligned with our acquisition strategy. I am looking forward to work together with the minority owners to develop the company to the next level.”

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