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25.01.22

Hager Group takes majority stake in Swedish panel builder Elektrofabriken

Hager Group with the Swedish subsidiary Hager Elektro AB, has signed a majority stake agreement in Elektrofabriken, a leading panel builder based in Malmö, Sweden

In doing so, the group strengthens its commitment in Sweden and further expands growth ambitions in Europe. The agreement between the two companies is subject to antitrust approval and is expected to be closed in Q1 of 2022.

“This investment is another step to expanding our customer centricity. It is a commitment in the strongly growing Nordics region, where our solutions are already successfully distributed in both the residential and commercial building segments,” comments Daniel Hager, CEO of Hager Group.

Elektrofabriken is one of the fastest-growing companies in its segment in Sweden. It markets and manufactures low and medium voltage products tailored for commercial and industrial applications. The family owned business was founded in 2007 by Marthin and Mathias Karlsson.

Leif Hallén, Managing Director of Hager Elektro AB and Zone Director Northern Europe at Hager Group, is also looking forward to this new acquisition. “I’m glad to welcome Elektrofabriken to Hager Group. With their ingenuity and best-in-class services in the smart electrification of commercial buildings, we can now offer fully integrated solutions for our customers that bring out the best of our products. I firmly believe that this agreement is a win-win situation for Elektrofabriken and Hager Group, as well as for our customers.”

Marthin Karlsson, currently Managing Director in Elektrofabriken, will continue in this role. Mathias, will also continue to support him as Production Manager. “Both Mathias and I are excited to be part of Hager Group to further accelerate our growth path, benefit from strong synergies and continue to develop our business, in both turnover and know-how,” comments Marthin Karlsson.

 

About Hager Group
Hager Group is a leading provider of solutions and services for electrical installations in residential, commercial and industrial buildings with 11,500 employees generating 2.3 billion Euros in sales. Components and solutions are produced at 23 locations around the globe and are distributed to customers in more than 100 countries. Hager Group is an international independent family-owned and run company headquartered in Germany. One of the industry’s innovation leaders, Hager Group aims at sustainably shaping the electrical world of tomorrow and play a leading role in the field of energy management and distribution. Customers rely on the group’s safe and simple products and solutions which range from energy distribution, cable management and wiring accessories to building automation, security systems and energy management under the brands Hager, Berker, Bocchiotti / Iboco, Daitem, Diagral, Elcom and E3/DC.


Downloads

Press release: Elektrofabriken (PDF, 165 KB)

Picture: Elektrofabriken (JPG, 2,6 MB)

Maria Fuhrmann
Maria Fuhrmann
Group Media Relations
Hager Group

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We are all part of a huge, interlinked ecosystem and creating a sustainable world is possible if enough people want it.


Hager Group among best employers in France

We are proud to announce the ranking of our company as one of the top ten most attractive companies in our sector in France.


Hager Group has been recognized twice as Best Employer in Germany!

We are proud to announce that our company is one of the TOP 10 most attractive companies in our sector in Germany according to the Focus & Stern studies.


09.05.22

Our 2021/22 Annual Report

We are all part of a huge, interlinked ecosystem and creating a sustainable world is possible if enough people want it.

30.03.22

Hager Group among best employers in France

We are proud to announce the ranking of our company as one of the top ten most attractive companies in our sector in France.

23.03.22

Hager Group has been recognized twice as Best Employer in Germany!

We are proud to announce that our company is one of the TOP 10 most attractive companies in our sector in Germany according to the Focus & Stern studies.


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