The group Lagercrantz Group

SIB Products is a part of the listed technology group Lagercrantz Group AB (publ).

Lagercrantz is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The group consists of about 70 companies, each with a niche focus on a specific sub-market – a niche. High value-creation is common to all subsidiaries, including a high degree of customisation, support, service and other services.

Lagercrantz is active in nine countries in Europe and in China, India and the USA. The Group has more than 1,300 employees and revenue of approximately SEK 3,4 billion. The Company’s shares are listed on Nasdaq Stockholm since 2001.

The business is organised in four divisions:

  • Electronics offers special products in embedded electronics, display units, lighting control and IoT.
  • Mechatronics offers electrical connection systems, electrical installation materials, customised cabling, fittings and emergency lighting as well as other mechanical and elctro-mechanical products.
  • Communications offers products, systems, services and support in network access technology, control technology and digital transmission technology.
  • Niche Products, offers products in manufacturing and dispensing of foodstuffs, material handling, furniture and fittings for workplaces, shops or warehouses, special plastic doors, snow clearance and cleaning of airport runways and galvanized steel wire for roadways, masts and agriculture.

The operations are conducted in decentralised manner, and each subsidiary is followed-up based on clear objectives. This decentralisation allows for a high degree of independence, with freedom and accountability for each subsidiary's management, and business decisions made close to the customers and markets. The businesses share a highly qualified technical sales process, selling only to other companies – “business-to-business” (B2B). Each subsidiary strives to develop a leading position in a limited market, product or customer niche.

Lagercrantz is active in nine countries in Europe and in China, India and the USA.

SIB Products
Västerås  |  Sweden
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