Berner Industrier's subsidiary Autofric has signed an agreement with the Jernbro Group to take over a small part or their business, which is currently run under the name Jernbro Water Technologies (JWT). Through this, Autofric broadens its product range while strengthening its sales and service organization.
The Jernbro Group has a strong position in industrial service, maintenance and contracting. JWT is a specialist in equipment and solutions for municipal and industrial water and wastewater treatment. JWT offers products and solutions for polymer preparation and thickening, among other things. By transferring the operations of the unit JWT, Jernbro now wants to focus on its core business.
For Autofric, this is part of a larger initiative.
"JWT's products complement our own screw presses and screw conveyors in an excellent way and make us more complete in sludge treatment - from sludge screening, polymer handling and preparation to thickening and dewatering," says Joakim Nilsson, managing director of Autofric.
At the same time, Autofric is also strengthening its commercial organization in Sweden.
"We are establishing a new sales and project management department in Gothenburg, strengthening our expertise in process, lab and operational optimization and adding an established service and aftermarket organization in Sweden," Joakim Nilsson continues. "With this in place, we can effectively serve the Swedish market with high-quality products, complete solutions as well as service and aftermarket, under the name Autofric."
"The goal of Berner Industrier is to contribute to the society of the future through technical solutions. Good sludge management is an important factor for a sustainable society, and we want to be part of solving the challenges through our subsidiary Autofric," says Caroline Reuterskiöld, CEO of Berner Industrier AB.
The transaction is structured as an asset transfer at a for the Group marginal amount and completion is preliminarily expected to take place in early March.
For more information, please contact:
Caroline Reuterskiöld, CEO, +46 8-501 567 90
caroline.reuterskiold@ bernerindustrier.se
Henrik Nordin, CFO and deputy CEO, +46 8-501 567 90
henrik.nordin@ bernerindustrier.se
About us
Berner Industrier is a Nordic industrial group in sustainable technology that operates in a number of attractive and growing niche markets. The Group offers innovative products and solutions that help solve the challenges of our societies through technology. Key areas include clean energy, clean water and sustainable use of resources. The Group consists of nine companies that together have about 240 employees across the Nordic region and annual revenues of about SEK 1,000 million. Berner Industrier was founded in 1897 and has been listed on Nasdaq Stockholm Main Market since 2017. The share's ticker symbol is BERNER. Read more about us at bernerindustrier.se.
