MIDAQ acquires TR Group
MIDAQ Industry has today acquired 100% of the shares in TR Group AB, which includes Tranås Rostfria AB and TR Equipment AB with subsidiaries. The seller of TR Group AB is Maze Holding in Tranås AB.
Tranås Rostfria is a contract supplier that has been active since 1945 in steel and sheet metal processing and delivers components and finished products to customers in the local area. TR Equipment has its own range of assistive technology products for Patient Hygiene, and sales occur in the global market. The company has subsidiaries in England, Germany, and the USA and sells in other countries through distributors. TR Group has a sale of SEK 100 million and 50 employees.
- The main focus in the search for a new owner of Tranås Rostfria / TR Equipment has been to find a long-term professional owner with a clear ambition to continue developing the companies with Tranås as a base. Midaq meets these criteria, and it will be exciting to follow the companies development in the future, says Mattias Franzén. Mattias will continue as CEO for a transitional period.
- The acquisition of TR Group is an essential step in developing the MIDAQ Industry business area. With extensive experience in their respective areas, a large proportion of own products, and a global presence, TR Group will be an important part of the growth journey that MIDAQ Industry is on, says Ulf Johansson, business area manager for MIDAQ Industry.
We warmly welcome TR Group to MIDAQ!
2021-12-16
The board of MIDAQ AB