Where we are … and where we are going
Långshyttan Slipservice was founded in 1982 in Svinöhed outside Långshyttan. In 2011, LSAB Group was created with a merger of Fortiva Group and Långshyttan Slipservice. LSAB Group has establishments in Sweden, Finland, Estonia, Latvia and Russia.
The company starts with a strategy based on local presence and rapid expansion. Growth is achieved mainly through the acquisition of smaller local grinding mills. A number of own establishments are also made in existing markets. LSAB acquires Westlings and Vistträsk and strengthens its offering to Sågverk. LSAB establishes itself in Norway.
LSAB Acquires Micor. Service operations are consolidated. New strategy with a focus on synergies and value creation. Service is no longer the core business but an offer among several in the portfolio
LSAB is well positioned in the Nordic and Baltic markets. Continued focus on Sawmills, Planing and Wood industry. Wood Solutions, Metal Solutions and Tooling business areas are formed. Development of the group’s international offering continues, ambitious plans for continued profitable growth. Sustainability is given increased focus.