Acquisition

Beijer Tech acquires Swedish hydraulics distributor Slangservice

What's the deal? Beijer TechDealroom has a profile for this one. Try Dealroom →, a subsidiary of Swedish industrial group Beijer Alma, has acquired 100% of the shares in Slangservice i Uppsala AB, a distributor of hydraulic products. The deal was signed and closed on May 19, 2026, through Beijer Tech's subsidiary Lundgrens.

Slangservice distributes hoses, pipes, couplings, wear parts, and other hydraulic products. It also offers field and workshop services and holds a strong position in Sweden's Mälardalen region. The company has 13 employees and annual revenue of about US$5.44M with what Beijer Alma called "good profitability."

Former owner and chief executive Claes Runehagen will stay on, along with other owners.

Why now? The acquisition fits Beijer Tech's stated strategy of buying profitable companies in attractive niches with growth potential and high value-add. Fredrik Karlsson, head of the Fluid Technology business area, said the deal increases Lundgrens' presence in the Mälardalen region and strengthens its technical expertise and service offering.

The signal: The Dealroom data confirms Beijer Tech's role as a corporate acquirer, and this deal is a clean example of the Nordic industrial roll-up model in action. With roughly 70 companies under Beijer Alma's decentralised umbrella, each bolt-on — however small — compounds the group's footprint in fragmented, specialised distribution markets where local relationships and technical service capability form durable competitive moats.

Read more: view.news.eu.nasdaq.com

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