Brubakken makes strategic acquisition in Sweden.
Gigantic Maskin I Mora is the market leader within the forklift and machine business in Dalarna in Sweden. The company has a significant rental business and also offers service and sales of forklifts and machines. The company has workshops in Mora and Falun as well as a number of mobile service technicians on the road all over Dalarna.
“It is with excitement and great expectations I look forward to this change. I have known Brubakken for several years and know that their staff are knowledgeable and seriously engaged in this business. This acquisition will create new possibilities for our common future growth”, says Managing Director for Gigantic Hans Funk.
“With the acquisition of Gigantic, Brubakken is further strengthening our rental fleet and our position in the market. A combination of acquisitions and organic growth has enabled us to develop into an organization covering the entire Swedish machine market” says Managing Director of Brubakken AB Markus Åberg.
After the acquisition the revenue of Brubakken AB will be 340 MSEK.
“Brubakken has the last years invested heavily in building up a countrywide Swedish forklift and machine business. The Acquisition of Gigantic Maskin I Mora AB is the last step on the way in creating a country wide service organization. We now believe that we have a solid foundation for further growth in Sweden and expect that our Swedish business will overtake our Norwegian business by 2018” says CEO of the Brubakken Group Magnus Vold.
Magnus Vold, CEO Brubakken Group, Hans Funk, Managing Director Gigantic Maskin I Mora AB and Markus Åberg, Managing Director Brubakken AB.