Jennmar Acquires SSAB's Virsbo Expandable Rock Bolt Production Facility
February 3, 2025
Jennmar, a FalconPoint Partners portfolio company, has acquired SSAB's expandable rock bolt production facility in Virsbo, Sweden. The acquisition adds an established rock bolt product line to Jennmar's portfolio, strengthens its capabilities in the hard rock mining sector and establishes a European production presence; all 66 facility employees were offered continued employment.
- Buyers
- Jennmar
- Targets
- SSAB Virsbo expandable rock bolt production facility
- Sellers
- SSAB
- Industry
- Manufacturing
- Location
- Västmanland County, Sweden
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Jennmar Acquires Weber Mining & Tunnelling SAS
August 8, 2025
Manufacturing
Jennmar, a FalconPoint Partners portfolio company, has acquired Weber Mining & Tunnelling SAS, a France-headquartered manufacturer of resins and foams for mining and tunnelling ground support. The acquisition expands Jennmar’s international footprint (manufacturing in France and Poland; sales/distribution in Turkey, Australia and Mexico) and adds Weber’s R&D-driven resin and foam capabilities to Jennmar’s product portfolio.
-
Jennmar Acquires Rohrig Heavy Equipment Maintenance
May 5, 2025
Industrial Services
Jennmar, a FalconPoint Partners portfolio company, has acquired Rohrig Heavy Equipment Maintenance, LLC to expand the service offerings of its Jennmar Services (JMS) business. JMS will assume Rohrig's customer agreements and continue operating Rohrig's existing facilities; terms were not disclosed.
-
Jernbro Acquires Veltec
July 29, 2024
Industrial Services
Jernbro, a Sweden-based industrial maintenance and projects provider backed by Bluewater, has agreed to acquire Veltec to expand its capabilities and reach across Scandinavia. Veltec brings more than 50 years of experience and over 300 skilled staff in Norway and Denmark; the combined business will operate from 35+ locations and about 1,300 employees.
-
FalconPoint Partners Invests in JENNMAR
May 14, 2024
Manufacturing
FalconPoint Partners completed its inaugural investment in JENNMAR, committing and investing in excess of $250 million of equity to support the company's global expansion. JENNMAR — a century-old manufacturer of infrastructure products and provider of specialized services to the civil infrastructure, solar, mining, and construction markets — will remain led by CEO Tony Calandra and his management team; the transaction also provides significant liquidity to the business.
-
Jernbro Acquires Veolia's Swedish Industrial Maintenance Business
September 23, 2019
Industrial Services
Jernbro Industrial Services AB has agreed to acquire Veolia Environnement S.A.'s industrial maintenance business in Sweden, taking over operations in Kiruna, Avesta, Sandviken, Norrköping and Gothenburg effective 1 October 2019. The acquired business has over 300 employees and annual sales of about SEK 400 million; the deal increases Jernbro's turnover to SEK 1.4 billion and its headcount to roughly 950.
-
Novoferm Group Acquires Robust AB from Norvestor VI
May 17, 2019
Building Products
Novoferm Group has acquired Robust AB, a leading Northern European manufacturer of steel security and fire doors, from private equity owner Norvestor VI. The transaction closed on 17 May 2019; Norvestor had owned Robust since February 2013 and helped expand the business' UK and Swedish manufacturing operations.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.