Pulverlacken i Hillerstorp AB (“Pulverlacken”) and Assars Industri AB (“Assars”) offer powder coating and surface treatment of metals to industrial customers throughout Sweden. Pulverlacken is a modern surface treatment company focused on automated processes and short lead times, while Assars has long experience in industrial surface treatment and handles both small and large production series. The companies are based in Hillerstorp in Småland and employ a total of 65 people. Together, they have significant capacity, modern equipment, and extensive expertise in the field. Environmental consideration and production efficiency are central to their operations, and in recent years they have made substantial investments in modern production equipment and new technology, enabling a high degree of automation.
Pulverlacken and Assars were founded in 2005 and 1947 respectively and have been owned by RBBW Invest since 2021. After several years of active development work and investments, the owners decided to carry out a sale to ensure the companies’ continued development under a long-term industrial owner. Krister, who has been the CEO of both companies, will continue in his role going forward and will also remain as a minority owner.
The new owner is the leading surface treatment group DOT, which employs over 950 people in Scandinavia, Ireland, and Northern Ireland. Its core competencies are surface treatment of steel, including hot-dip galvanizing, painting, powder coating, duplex treatment, metallization, as well as blasting and sandblasting. Through the acquisition of Pulverlacken and Assars, DOT strengthens its market presence in Sweden and creates even better conditions to serve customers within the Swedish industry.
Henrik Steen-Jørgensen, CEO of DOT
"There is strong demand for complete solutions for corrosion protection of steel, as this provides customers with significant synergy benefits. For some time, we have been looking for relevant Swedish companies that can complement our operations within hot-dip galvanizing. The acquisition of Pulverlacken in Hillerstorp and Assars Industri strengthens our offering, and we are proud that they are now becoming part of DOT."
"Both acquisitions are well-managed companies with skilled employees, state-of-the-art production, and a strong reputation among customers. At the same time, the location in Småland is strategic for both pick-up and delivery of goods. The acquisition strengthens our presence and gives us even better conditions to serve Swedish industry."
Krister Barck, CEO of Pulverlacken i Hillerstorp & Assars Industri
“Over the past five years, we have made focused investments in production, technology, and expertise to create a strong foundation for the future. Therefore, it has been crucial to find an owner who can make use of the potential and continue the development."
"Our employees have been central to the development the companies have undergone in recent years, and they will be an important part of the continued journey. Together with DOT, we gain access to a strong professional environment and new opportunities to develop our operations and the solutions we offer to customers."
IMAP advised the sellers throughout the process.
