ACQUISITIONS – AN IMPORTANT PART OF THE BUSINESS CONCEPT
Acquisitions constitute an essential part of our business concept, and we are always working actively to look for niche operations that match our Group profile.
Entrepreneurship combined with strong drive is the most important common denominator for the companies in the Group. We want to have flat organisations with rapid decision-making paths and short times before arriving at solutions. Leadership should be down-to-earth and close at hand, with clear demands for the involvement of all employees.
The long-term approach characterises all activities and decisions within the Group. XANO conducts long-term investment in its companies, giving each unit the resources and space to develop.
Since 1980, more than 60 companies and businesses have been acquired, which complement, add technical expertise or provide access to new market segments.
In order to streamline the business, provide further scope for larger units to develop and also create added value for the shareholders, two operations have been hived off: ITAB Shop Concept in 2004 and AGES in 2014, now listed separately on Nasdaq Stockholm and First North respectively.
KUGGTEKNIK – PRECISION IN EVERY DETAIL
Kuggteknik in Leksand, Sweden, is the latest addition to the Group. Kuggteknik works with cutting machining and possesses specialist expertise regarding the manufacture of geared products made of metallic materials. The business has resources at its disposal for the production of both prototypes and large volumes with narrow tolerances. The company’s customers are mainly found within the fields of tool and machine manufacture, medical technology, packaging solutions and defence.More about Kuggteknik
POLYKETTING – ACKUMULATED SUCCESS
Polyketting works with the development, manufacture and sale of automation equipment, primarily conveyor systems and accumulator units, for the packaging industry.More about Polyketting
BLOWTECH – PROVIDES BREADTH AND STRENGTH
Blowtech is a leading Nordic player in technical blow moulding of plastics. The company produces complex components for vehicles, construction machinery and infrastructure equipment.More about Blowtech