Stans & Press is a well-known company focused on subcontracting production. The Company works with large international customers, but also with smaller and regional players. Stans & Press works with qualified components in small and medium-sized series and has an effective production process and a modern machine park. The Company´s success story is a result of a high quality focus and a flexible delivery approach.
Stans & Press has operations in three different production sites – in Vilshult, Blomstermåla and Ronneby in the south of Sweden. During 2017 the Company net sales amounted to €11 million with a positive EBIT result of 500 TEURO.
"Our mission to create a portfolio with larger and profitable companies continues step by step. Stans & Press is a strong and well-known brand within its industry and we believe that the Company could increase in a positive direction with the new owner Teqnion", comments Sverker Lindberg, CEO of Midway Holding.
Teqnion is an industrial group with strong subsidiaries in a variety of special niches.
IMAP is pleased to announce that Zephyr Trading has acquired Skandiaverken Group (SKV). Terms of the transaction were not disclosed.
The Company was founded in 2010 by Andreas Wedberg and André Svensson, who together simplified the way to efficiently produce and market glass railings. Via the company’s websites in 7 countries, customers design and order customized products that are delivered directly to their door.