Salix Group acquires Beslag Design AB.

Salix Group has entered into an agreement to acquire all shares in Beslag Design AB. The acquisition, together with the existing operations in Home and Fittings, strengthens the company’s presence in the fittings market. Additionally, synergies are expected across several areas. Beslag Design had a turnover of approximately 190 million SEK in 2023.

Beslag Design is a Swedish family-owned company founded in 1972 in Båstad. The company offers fittings and other interior details for both homes and public environments. Through the acquisition, Salix Group gains access to a leading brand while expanding its product range. This enhances Salix Group’s offering to its customers, creating opportunities for continued growth. The acquisition also enables synergies for the platform, including the optimization of logistical flows.

“We are very pleased to acquire Beslag Design, a well-respected company with extensive experience in the industry. The company complements our operations in Home and Fittings well and also enables channel expansion through Beslag Design’s e-commerce platform with a broader product range. We see significant potential to continue developing the successful business established within Beslag Design and to create an even stronger platform together with Home and Fittings,” says Martin Hansson, CEO of Salix Group.

“With this acquisition, we gain access to interesting products and a leading brand, which will strengthen and complement our existing offering in the Nordic market. It’s also an important strategic acquisition for Salix Home & Fittings’ continued expansion,” says Fredrick Sylva, Business Area Manager of Salix Home & Fittings.

This acquisition is part of Salix Group’s strategy to create long-term value growth by developing strong and successful businesses. It marks Salix Group’s ninth acquisition since 2020, totalling approximately 1,3 billion SEK in annual turnover. This underscores the company’s ability to make acquisitions under various market conditions.

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