2016-02-22 in Business News | GERMAN
KLINGER Sweden AB has acquired 100% of the shares in KLA Armatur AB as of January 1, 2016.
KLA Armatur AB supplies valves, actuators, pigging systems, level indicators and switches for water and sanitation, chemical and petrochemical, power generation, hydraulics and gas industries. The KLA Armatur product portfolio supplements KLINGER Sweden very well, and both companies see growth potential from the acquisition.
Our commercial customer and supplier relationships will continue as before, with the same contact persons and products but with more resources, and greater warehousing capabilities.
KLA Armatur AB will move operations to KLINGER Sweden’s premises in Järfälla in 2016.
KLINGER is a well established and global provider of solutions for sealing, fluid control, and level measurement. The company was founded in 1886 as a family business, and is known as a pioneer in sealing technology. KLINGER has a global customer base, providing reliable products world-wide for industrial applications in petrochemicals, chemicals, industrial, infrastructure and transport.
The KLINGER Group now consists of over 40 companies with more than 60 facilities for manufacturing, distribution, and service world-wide. The KLINGER Group has over 2,300 employees with annual sales of € 410 million (2014).
KLINGER Sweden aims to be the first choice for advanced sealing solutions. Customized solutions that facilitate our buyer’s and their customer’s daily activities, and improve their profitability. KLINGER Sweden aims to be a growing knowledge-based business in dynamic and static sealing, valves, and instrumentation. A nation-wide leading supplier to large industrial customers in the OEM and MRO segments.
Feel free to contact us for more information!