Lagercrantz Group

and the Latest news from the Group.
General information about Lagercrantz Group
Lagercrantz Group is a technology group with strong market positions in selected niche markets. We offer products and solutions that contribute to improving efficiency, profitability and sustainability. Every day, millions of people in more than 50 countries benefit from the products and solutions we provide.

The Group has approximately 1 550 employees and annual revenue about SEK 5 billion. The Company is listed on Nasdaq Stockholm since 2001. Our Headquarters are situated in Stockholm, Sweden.
More information about our products or business areas and our subsidiaries can be found under Business Areas or Companies.
Lagercrantz Group consists of eight business areas:
- Communications
- Electronics
- Mechatronics
- Performance materials
- Test and Measurement
- Rotational Moulding
- Wechsler
- UK Climate Control
LATEST NEWS FROM THE GROUP
Commissioning of an important ventilation project in the UK
2020-05-28
On June 15th, following a public tender, Isoleringsfirmor Robert Larsson AB (“IRLA”) was awarded the entire ventilation contract for the new vacuum cleaner forest in Stora Enso’s production facility in Skutskärs Bruk. The order is worth approximately SEK 1.7 million.
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Italian Test and Measurement signs order
2020-03-13
Lagercrantz Group´s subsidiary Italian Test and Measurement Srl has signed an order worth approximately MSEK 3.7. The full order value is expected to be booked as revenue during the current financial year.
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UK Climate Control continues to win major orders within IP cooling
2020-03-02
Lagercrantz Group’s subsidiary UK Climate Control Ltd (“UKCC”) has signed two orders for IP cooling equipment from major telecom operators in Sweden. The total order value is approximately MSEK 3.2. Deliveries are expected to take place during the current and next financial year.
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Klaus Visby enters cooperation regarding pharmacy labeling
2020-02-24
Klaus Visby A/S (Klaus Visby”), a subsidiary within Lagercrantz Group, and the Denmark-based producer of labeling, Teca Label A/S, have entered a cooperation agreement.
Klaus Visby develops, produces and markets a MIS system containing planning, controlling and handling of labeling, and with this partnership, Klaus Visby expands its product portfolio and its market share.
Following the cooperation agreement, customers in the Danish market are expected to benefit from a scalable, economically advantageous and flexible labeling-machinery.
Diana Axelsen Boye, CEO of Klaus Visby, says: - We are very pleased with the partnership with this reputable and innovative supplier, and with this cooperation, we believe we have the leading solutions on the Nordic market.”
Torben Nørgaard, CEO of Teca Label, says: - We are delighted to share our quality label printing solutions and know-how with client-focused Klaus Visby, and we look forward to the future co-operation and development of the Danish market for pharmacy labeling.
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New share issues in Lagercrantz Group AB (publ) registered
2020-02-03
Today, February 3, 2020, the share capital and number of shares of Lagercrantz Group AB (publ) (hereinafter referred to as “Lagercrantz” or the “Company”) have increased as a result of that the directed share issues previously communicated on January 20, 2020 and January 30, 2020 have been registered with the Swedish Companies Registration Office (“Sw. Bolagsverket”).
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CeTech expands within monitoring of data centres
2020-01-30
Lagercrantz Group´s subsidiary CeTech has signed a distribution agreement with French company JouleXpert for delivery of monitoring equipment to data centres. The agreement implies that CeTech´s business Concept Monitoring & Analytics, based upon the newly launched ClimaCheck CR-100, now can be completed with monitoring of both IT and cooling-related energy, up to and including a detailed monitoring of IT servers. JouleXpert’s solutions are already installed in data centres throughout Europe, also in Sweden. The potential of this agreement is considerable since all data centres need to upgrade their energy efficiency. The interest has been strong from CeTech´s customers since this offers savings in the millions of SEK annually for many data centres.
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New share issues in Lagercrantz Group AB (publ)
2020-01-30
The Board of Directors of Lagercrantz Group AB (publ) (”Lagercrantz” or the ”Company”) has, based on the issue authorisation granted by the Annual General Meeting on August 28, 2019, decided to carry out two directed share issues of a maximum of 1,544,000 shares in total. The subscription price in the share issues amounts to SEK 241.20 per share. The subscription price in each share issue has been determined by agreement between the Company and the respective purchasers. The Company will, as a result of the share issues, receive proceeds amounting to SEK 372.3 million before transaction related costs.
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Lagercrantz acquires Austrian retailer
2020-01-22
Lagercrantz Group’s subsidiary K. Hartwi g Sirotech AG has today signed an agreement to acquire 70 percent of the shares in the Austrian system integrator Arnold-Electronic GmbH. The acquisition is in line with the business strategy implemented by Hartwig Sirotech´s management to expand in German-speaking regions.
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Brazilian manufacturer of rotational moulding products to wechsler Technologies
2019-12-20
A few weeks ago, we agreed to take over the Brazilian manufacturer Meta

1. Niche focus: Lagercrantz Group specializes in acquiring and operating niche technology companies, rather than being a diversified holding company. This allows them to have a deep understanding of the industries and markets in which their portfolio companies operate.
2. Strong financial performance: The company has a history of strong financial performance with a focus on profitability and sustainable growth. This is evident from their consistently rising revenue and earnings.
3. Long-term approach: Lagercrantz Group has a long-term investment horizon, which allows them to focus on creating sustainable value for their portfolio companies and shareholders. They do not have a short-term profit focus, which sets them apart from other investment firms.
4. Active ownership: The company takes an active ownership role in their portfolio companies by providing strategic support, financial guidance, and operational expertise. This helps their portfolio companies to grow and succeed in their respective markets.
5. Strong corporate culture: Lagercrantz Group has a strong corporate culture that is centered around values such as entrepreneurship, integrity, and accountability. This helps to create a positive work environment and fosters collaboration and innovation within the company and its portfolio companies.
6. Global presence: The company has a global presence with operations in Europe, North America, and Asia. This allows them to leverage their expertise in different markets and provide their portfolio companies with international growth opportunities.
7. Commitment to sustainability: Lagercrantz Group is committed to conducting their business in a sustainable and responsible manner. This includes a focus on environmental, social, and governance aspects in their operations and investments.
8. Experienced management team: The company has a strong and experienced management team with a track record of successfully growing and managing businesses. This provides stability and expertise to their portfolio companies.
9. Strategic acquisition strategy: Lagercrantz Group has a disciplined and strategic approach to acquiring companies, with a focus on businesses that have potential for long-term growth and profitability.
10. Strong track record: With over 25 years of experience, Lagercrantz Group has a proven track record of successfully acquiring, developing, and divesting technology companies. This makes them a trusted and reliable partner for both investors and portfolio companies.

The Lagercrantz Group is a Swedish technology and niche market company that acquires, develops, and markets technical products and services. Their business model revolves around a decentralized structure, where the company’s subsidiaries operate autonomously and are responsible for their own profit and loss. This allows for flexibility and agility in meeting specific market needs.
Some key aspects of the Lagercrantz Group’s business model include:
1. Acquisitions: The company identifies potential growth opportunities and acquires small to medium-sized companies that have a strong position in a specific niche market.
2. Focus on niche markets: The company operates in niche markets within the technology and industrial sector, allowing them to focus their resources and expertise on specific product categories.
3. Strong portfolio of products and services: The company’s portfolio consists of a diverse range of products and services, including advanced electronics, industrial components, and technical systems. This provides the company with multiple revenue streams and reduces its reliance on any one product or service.
4. Global presence: The Lagercrantz Group has operations in over 20 countries, allowing them to tap into different markets and diversify their customer base.
5. Innovation and product development: The company invests in research and development to continuously improve its existing products and develop new solutions to meet changing market needs.
6. Cost management: The company maintains efficient cost structures by continuously reviewing and optimizing its processes and operations.
7. Customer focus: The company’s decentralized structure allows its subsidiaries to have a deep understanding of their local markets and the needs of their customers, enabling them to provide personalized and responsive solutions.
Overall, the Lagercrantz Group’s business model is centered around acquiring and developing niche market companies with strong product portfolios and a focus on innovation, while maintaining a decentralized structure to foster agility and customer focus.

1. The Lagercrantz Group was founded in 2001 and is headquartered in Stockholm, Sweden.
2. The company is focused on acquiring and managing profitable technology-focused niche companies in the Nordic region and the United States.
3. Lagercrantz Group operates through three divisions: Electronics, Mechatronics, and Communications.
4. The company has over 60 operating companies under its umbrella and employs approximately 1,600 people.
5. Lagercrantz Group has a strong focus on sustainability and has committed to reducing its carbon footprint by 75% by 2035.
6. In 2019, the company acquired Tri-Continent Scientific, a leading manufacturer of life science instrumentation.
7. Lagercrantz Group has been listed on the Nasdaq Stockholm exchange since 2001 and is included in the Large Cap segment.
8. The company has a decentralized management structure, allowing its acquired companies to maintain their entrepreneurial spirit and operate independently while benefiting from the larger group’s resources and support.
9. Lagercrantz Group was named one of Sweden’s Most Sustainable Companies by the Swedish business newspaper Dagens Industri in 2020.
10. The company’s annual revenue for 2020 was approximately SEK 4.7 billion (roughly $557 million USD), with a net profit of SEK 411 million (approximately $49 million USD).
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