Lesjӧfors Group completed the acquisition of a 51% stake in International Industrial Springs.

Lesjӧfors Group, a spring and pressing manufacturer, completed the acquisition of a 51% stake in International Industrial Springs, a company specializing in disc springs, washers and general springs. Financial terms were not disclosed. “Lesjӧfors has significantly expanded its global presence with the acquisition of its first company in India. This strategic acquisition not only strengthens Lesjӧfors’ growth, and geographic reach but it also enhances the Group’s already impressive product portfolio, reinforcing Lesjӧfors’ reputation for having the widest range of products in the industry,” Rasmus Jostrup, Lesjӧfors Head of Strategy and M&A.