Beijer Alma Seeks to Take Advantage from Opportunities
August 20, 2020
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Beijer Alma AB (publ) (OM:BEIA B) will seek acquisition. The development of the global economy was characterized by a great deal of uncertainty. Beijer Alma has the readiness and the financial strength to manage periods of low demand, but is also well prepared to take advantage of the opportunities that will arise when the economy rebounds.
Beijer Alma AB is a Sweden-based company engaged in the production of components and industrial trading. Its business concept is to acquire, own and develop small and medium-sized companies with growth potential. Its operations are conducted by the subsidiaries focused on industrial customers. Lesjofors is an international supplier of industrial springs, wire and flat strip components. Habia Cable is a manufacturer and marketer of cables and cable systems for demanding applications, such as mobile telecommunication, defense, nuclear power and infrastructure. Beijer Tech is a company focused on industrial trading within the areas of hoses, fittings, rubber sheeting, wear protection, power transmission and surface treatment, as well as foundry, steelworks and smelters. The Company has approximately 40 subsidiaries active in Denmark, Norway, Finland, the United Kingdom, Germany, Latvia, China, Russia, Slovakia, the Netherlands, the United States, France and Poland.