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There is no contradiction in taking an offensive approach to business; taking several steps ahead while carefully considering each individual step. |
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There is no contradiction in taking an offensive approach to business; taking several steps ahead while carefully considering each individual step. |
New company acquisition -
Gotlands Gummifabrik AB has been acquired by the Garpco subsidary UW-ELAST AB. The acquisition strengthens the business area of Industrial components in polymer materials.
New CEO – the 6th of May Markus Strand was elected to become CEO of the Garpco group. The previous CEO Leif Garpheden now operates as working chairman of the board.
Garpco acquires Awal AB. The acquisition strengthens the business area of Interior design and furnishings. For further information see ”Pressrelease Awal” and visit the webpage: www.awal.se .
Diamantprofil AB has been acquired by Garpco’s subsidiary Swedex AB. The acquisition strengthens the business area of Industrial tools since the customers now can be offered diamond electroplated tools. For further information see the news letter ”Acquisition Diamantprofil” and visit the webpage www.diamantprofil.com.
As per 1 January 2010, the operations of our subsidary, Trekollan AB, have been transferred to UW-ELAST AB. Our Traryd production unit remains under the name ”UW south”. UW-ELAST is now organised in three production units, two of which are in Mariestad. For further information visit the page our companies.
New company acquisition.
Vistträsk Slipservice AB has been acquired by the Garpco subsidary Swedex AB.
Financier Sten K Johnson, through his wholly-owned company Tibia Konsult AB, becomes Garpco:s largest minority shareholder, acquiring 25% of our share capital and the corresponding 8% voting power.
Garpco will undertake a share issue targeted at Garpco employees, adding 39 new shareholders owning some 5% of the company’s share capital.
The Garpco Newsletter no. 1/2008 has been distributed to all our employees and many external interested parties.
The Garpco Newsletter no. 5/2007 has been distributed to all our employees and many external interested parties.
The Garpco Newsletter no. 4/2007 has information about the Group’s half-yearly report which shows a financial result on par with budget. We are also pleased to report that all our subsidiaries maintain a strong order intake. The Newsletter has been distributed to all our employees and many external interested parties.
Ronny Englund has been appointed new Managing Director of our subsidiary Glimakra Akvamatik AB. His most recent position has been that of Financial Manager including overall IT and systems responsibilities at the AP Sten Group parent company.
Trekollán AB – a manufacturer and subcontractor of polyurethane products – has been acquired by the Garpco subsidiary, UW-ELAST AB.
This acquisition is a substantial addition to our present business area “Industrial components in polymeric materials”, strengthening the area’s position and increasing its turnover to some 70 MSEK.
Henrik Jungert, sales manager at UW-ELAST, will assume the position as hired Managing Director of Trekollán AB, dividing his time between Trekollán and UW-ELAST.
2006 was a very positive year for the Garpco Group which exceeded its budgeted sales as well as its financial result. Read more in the Garpco Newsletter, no. 2/2007.
New company acquisition – Glimakra Akvamatik AB
Glimakra Akvamatik AB, which was recently incorporated into the Garpco Group, develops and manufactures customised sub-systems for interior design in public environments.