Lagercrantz Group has acquired Sit Right and Enskede Hydraul to strengthen its position in the Niche Products segment, leveraging synergies in hydraulic and ergonomic solutions for the forestry and construction machinery market.
Target Company Overview
Founded in 1994 and based in Dalarna, Sit Right specializes in the manufacturing and sale of hydraulic grips under the brand Dala-Gripen, as well as ergonomic steering and leveling solutions for forestry machines under the Sit Right brand. The company serves a global client base in the forestry and construction sectors, focusing on products that enhance productivity and improve ergonomics.
Enskede Hydraul, located in the Uppsala region, is a well-established supplier in the hydraulic and spare parts market for forestry and construction machinery. The company offers a diverse catalog that includes hose presses, filters, and cylinders, catering specifically to forestry contractors.
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Industry Overview in Sweden
The Swedish forestry and construction machinery market has seen steady growth due to increasing demand for sustainable practices and efficiency enhancements.
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