Latest acquisitions

Demesne Electrical Sales Limited Ireland

In januari 2022, Demesne Electrical were aquired. Demesne is Ireland’s leading independent importer and distributor of electrical control, switchgear, energy saving & installation products.
The company has a total revenue of € 20 million with operating profit of € 2,5 million. The head office is located in Dublin with branch offices in Cork in the south of Ireland and Dungannon in Northern Ireland. The company has a strong product portfolio based on long partnerships with many of Europe’s leading manufacturers.

Reason for the acquisition: The acquisition establishes OEM in a new geographic market and strengthens the customer offering.
Type of acquisition: The business will continue as an independent company.

Jump starter trading operations of Norwegian Export Import AS

The jump starter trading operations of Norwegian Export Import AS in Norway were acquired in October 2021. The business has a turnover of SEK 5 million and has been integrated into Svenska Batteripoolen AB.

Reason for the acquisition: OEM expands its product portfolio and can provide customers with an enhanced offering within its battery operations.
Type of acquisition: The business has been integrated into Svenska Batteripoolen AB

Zoedale Ltd

In January 2020, Zoedale Ltd were acquired, which has annual sales of GBP 3 million. The division represents among others ASCO, Valpes, Omal, Bernard Controls and Peter Paul who manufacture valves and actuators for various process and industrial applications.

This broadens the product range and strengthens the offer to customers on the UK market. We see positive synergy effects with the existing UK operation so this was seen as a natural development comments Jörgen Zahlin, President and CEO of OEM International.

The pumping division of Finisterra AS

In December 2019, the pumping division of Finisterra AS in Norway was acquired. The company generates annual sales of SEK 12 MILLION. The operations represent a number of leading manufacturers of pumps for chemical and industrial use.

Reason for the acquisition: The acquisition of the pumping division of Finisterra AS means that OEM broadens its product portfolio and strengthens its customer offering in the Norwegian market.
Type of acquisition: Its operations have been integrated into OEM Automatic AS.

Cabavo AB

In September 2019, the operations of Cabavo AB were acquired. The company markets electric motors, servo actuators and drive electronics for industrial applications and generates annual sales of SEK 8 MILLION.

Reason for the acquisition: Cabavo's range complements OEM's product portfolio, strengthens the customer offering and broadens the customer base.
Type of acquisition: Its operations have been integrated into OEM Motor AB.