Tibnor strengthens offer in value added services through acquisition
The Nordic steel distributor Tibnor acquires E.M
Eriksson Steel Service Center AB, specialized in high strength steel laser
cutting, high definition plasma cutting, shear cutting and bending. EME will be
organized as a Tibnor subsidiary and hence a part of the SSAB
group.
EME has a solid experience of processing steel and is an
important partner in value added services for both Tibnor and SSAB. EME performs
specialized services requested by Tibnor customers and complements Tibnor’s
internal production facilities.
EME is also a partner in value added services for SSAB
in tailored design and custom made solutions. Tibnor secures through the
acquisition continuous access to the services performed by EME.
- EME becoming a part of Tibnor feels natural, we have
worked together for several years and are together with SSAB their largest
customer. EME’s services are also an integrated part of our customer offering in
production services. Together we will become even better, Tibnor CEO Mikael
Nyquist says.
The acquisition implies no immediate changes for neither
the company operation nor the employees.
- EME is our partner for about 50 customers where their
production services in combination with our logistic and material solutions are
the first steps in our customers manufacturing process. Together we will now
further develop the concept, this process begins now, Mikael Nyquist
says.
E.M Eriksson Steel Service Center AB is located in
Borlänge, Sweden and had during 2011 a turnover of 60 MSEK.
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