Benders Sverige AB, Sweden’s leading manufacturer of concrete products for roofing, landscaping and pinned kerbing (Spikma), has acquired AB Uddevalla Cementgjuteri in Uddevalla.
Family-owned Benders has acquired all the shares in Uddevalla Cementgjuteri. The purchase ensures continued development at the factory in Uddevalla and creates scope for further investments. With some 400 employees, Benders’ current turnover is around SEK 1 billion. Uddevalla Cementgjuteri has 8 employees and a turnover of approximately SEK 20 million.
Uddevalla Cementgjuteri has been making concrete products for over 40 years and has, latterly, held a strong position in paving stones and expanded clay in the Uddevalla region. Thanks to modern machinery and well-developed local logistics, the company has, in its product segment, served all of Uddevalla and the surrounding area. The former owners feel that, by selling to Benders, the family spirit is being maintained. They also feel that the products now being developed will, by creating more employment opportunities, bring further benefits to the area.
Benders Sverige AB (founded in 1960 by Karl-Erik Bender) feels that the purchase ensures further expansion in the precast concrete product segment. Thanks to major investment in manufacturing, logistics and marketing, the company has now established corporate presences in Sweden, Norway, Denmark, Germany, Finland and Estonia. Benders’ products are sold in 18 countries and the brand is well-known amongst building product retailers throughout Europe. Uddevalla Cementgjuteri fits well into Benders’ product ranges. The acquisition secures synergies in purchasing, production technology and logistics.
For further information, please contact:
Ove Bender, MD, Benders Sverige AB, +46 (0)512 787003
Mats Jakobsson, vice MD, Benders Sverige AB, +46 (0)512 787110
