14 November 2013

NMV Continues to Grow with Acquisition of Fasadelement Verkstads AB

Nybergs Mekaniska Verkstad AB, NMV, with headquarters in Kiruna, acquires Fasadelement Verkstads AB in Luleå. Fasadelement, with about 15 employees, changes its name to NMV Tunnplåt and forms a new department within NMV, which currently has about 135 employees in Norrbotten.

Nybergs Mekaniska Verkstad, which was formed in Kiruna in 1947, has in recent years expanded to Jokkmokk, Luleå and Piteå. In 2011, the company acquired Vattenfall Services Nordic in Piteå, which has since grown from 14 to about 50 employees.

“We see every opportunity to grow also in Luleå,” says Niklas Pääjärvi, co-owner of NMV. “It’s a really fine business we are acquiring, that complements our production of heavy steel structures.”

Fasadelement has since 1976 delivered processed sheet steel to customers in the sawmill, construction and automotive industries. Among the company’s products are building elements for kilns in stainless steel, long profiles for the construction industry, and sheet steel for facades and construction, with many customers located outside the immediate area.

“We will continue our efforts towards stronger products and better service to new and existing customers. While our focus will remain on stainless products we welcome the opportunity to reach new areas of business within the Group,” says Peter Johansson, CEO of Fasadelement and future president of NMV in Luleå AB, which will soon house the new department NMV Tunnplåt.

Besides NMV in Kiruna, Jokkmokk, Luleå and Piteå, Nybergs Mekaniska Verkstad fully owns or part-owns a number of companies within the manufacturing engineering industry in Norrbotten. Kiruna Wagon, Kiruna Utility Vehicles and Galvteknik i Norr are some of the companies within the NMV Group that are likely to become close partners to the new sheet steel department.

“When we listed potential new owners, in the case of a future sale, Nybergs Mek always ended up at the top of the list. That this is now becoming a reality is fantastic for Fasadelement. I wish them all the luck in the future and feel confident that my vision for the company’s development will be fulfilled,” says Mikael Tinglöf who sells Fasadelement Verkstads AB to concentrate on the development of Polardörren AB in Öjebyn and Polarfönster AB in Korpilombolo.

NMV’s current operations in Luleå, with a service workshop and five employees, will move into Fasadelement’s premises at Fabriksvägen 7. The business is transferred to NMV in Luleå AB on December 2, 2013.

The deal was brokered by Ove Strand at Svensk Företagsförmedling.

 

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