STOCKHOLM, Sweden (Nov. 3, 2009)—G & L Beijer A.B. has acquired the hose and rubber company, Slang-Pac A.B., Stockholm through its Beijer Tech business area.
The operation reports sales of about $5.6 million and has 14 employees.
Slang-Pac markets and sells industrial hose, hose fittings, rubber profiles, moldings, gaskets and other rubber products.
The main target groups for the operation are manufacturing industry, contractors and the building sector.
Through the acquisition, Beijer Tech together with its subsidiary, Lundgrens, strengthens its position as a leading hose and rubber supplier in Sweden, the firm said.