Acquisition of Graniten
On 22 March 2024, Graniten Group AB in Uddevalla, Sweden was acquired. Graniten develops and produces high technology solutions for automation processes. Its customers are leading players in pharma, medtech and healthcare, mainly located in Europe. The company has 70 employees. Graniten is now part of XANO’s Industrial Solutions business unit.
Graniten is long known for the manufacture of case packers and the development of automation solutions. Based on the recently introduced Graniten Flexline Platform for low-volume pharmaceutical products, reference projects to well-known pharma companies in Europe have been delivered.
Graniten Flexline Platform is actively promoted to other producers and contract packagers in the industry. The company management sees potential in the further development of the concept and the launch of similar modular setup within other sectors. Supplementary services, like preventive maintenance and line-performance improvement through data analysis, will be added to the portfolio of Graniten to further strengthen its market position.
The technical design capabilities of Graniten are expected to allow the business unit companies to empower their development of market openings within other industries, like packaging and EV Battery. Networking in pharma, medtech and other industries offers additional growth opportunities for both Graniten and its new sister companies. Graniten will also continue to work with existing business opportunities in contract manufacturing.
Read more about the business on Graniten's website.