Lagercrantz is a technology group in the areas of electronics, electricity, communication and related fields. The Group’s companies deliver all its specialised products and solutions to other companies (B2B) and several of the companies are world-leaders in their respective niches.
Lagercrantz is active in eight countries in Northern Europe and in China. The Group has about 950 employees and revenue of approximately SEK 2.4 billion. The Company’s shares are listed on NASDAQ OMX Stockholm since 2001.
The business is organised in four divisions:
- Electronics offers special products in embedded electronics, industrial wireless communication, RFID and lighting control.
- Mechatronics offers electric connections systems, electric installation materials, electric and electro-mechanical components and wiring harness.
- Communications offers products, systems, services and support in network access, digital image transmission/technical security, and software.
- Niche Products is the Group’s new division from April 2012. Here a number of interesting market positions will be built up primarily by acquiring profitable companies in interesting niches and with a large element of proprietary products. Other areas may be of interest.
Lagercrantz operates according to a decentralised model, which means that business decisions are made by the subsidiaries, close to the customers and suppliers. This results in great commitment on the part of all personnel and their business acumen is an important competitive advantage.
Lagercrantz creates value by offering proprietary products as well as products from world-leading manufacturers, in combination with customisation and advanced knowledge in technology and business. The largest group of customers is manufacturing industrial companies, but wholesalers and the public sector are also important customers. As the sale of proprietary products grows, a larger proportion of sales is exported to customers outside the Nordic Countries.