Salix Group acquires Hans Eggestrand AB.

Salix Group has signed an agreement to acquire all shares in the tools and machinery wholesaler Hans Eggestrand AB (Eggestrand). The acquisition is well aligned with Salix Group’s long-term strategy to grow by adding companies with complementary offerings. Eggestrand generated revenues of approximately SEK 45 million in 2024.

Eggestrand was founded in 1973 and is headquartered in Kungsbacka. It has long been an established partner to professional customers in the hardware, construction, industrial, and electrical wholesale sectors. The company offers a wide range of tools and machinery, with products from agencies and from well-renowned brands and quality manufacturers from around the world. Eggestrand is a strong fit for Salix Group’s Consumables Trade & Agriculture unit, adding a product range that broadens the group’s overall offering. The acquisition also enables synergies, including the optimization of the companies’ logistics flows.

“With Eggestrand, we will strengthen and complement Salix Group’s existing offering in tools and machinery for professional users. By integrating the company into our structure, we see great opportunities to streamline operations in line with our shared ambitions,” says Martin Hansson, CEO of Salix Group.