Sweden-headquartered
Lesjӧfors Group has acquired its first spring manufacturer in France, with the purchase of Ressorts Lacroix, expanding its European spring supply solutions. The leading spring and pressing manufacturer has acquired several spring companies in recent months and this latest acquisition is a key element of Lesjӧfors’ strategic growth plan for Europe.
Based in the centre of Northern France, Ressorts Lacroix’s product portfolio includes a range of springs and wire parts for customers within the hydraulic, automotive, aerospace and medical sector, with the quality excellence that the Lesjӧfors Group is renowned for.
Yohan Dutheil, Ressorts Lacroix’s CEO, said: “France and Meung-sur-Loire, where we are based, welcomes Lesjӧfors Group and the growth opportunities their business model offers. Our potential is now limitless. Lesjӧfors, as a global parent company, enables us to access new markets. Being part of a larger corporation not only gives us greater reach, it also enables us to access sales strategies, knowledge, technologies and networks that enriches our employees and adds value to our customers.
“Being part of Lesjӧfors’ worldwide stage of excellence is exciting and achieves a growth ambition that Ressorts Lacroix has been driving towards. Being Lesjӧfors’ first acquisition in France, is recognition of the quality manufactured components we deliver and we look forward to thriving even further under the Lesjӧfors brand.”
Lesjӧfors Group CEO Ola Tengroth concluded: “Acquisitions add value to us, but it is equally as important that it adds value to the acquired company too. We are laser focused on delivering this and it is a joy to have acquired Ressorts Lacroix, a company whose success we have been watching for quite some time. We are grateful to the company for enabling us to now say we have a manufacturing plant in France, and we look forward to developing this partnership even further.”