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Control

Control key figures 2023/24

The Control division acquires and develops businesses in measurement and control technology, a growing area that is driven by a greater need for measures to increase efficiency in different processes and to be able to measure, control and manage equipment remotely.  

About the division
Over the past ten years, the division has built up a portfolio of eleven niche companies within control technology. A strong focus is put on businss development where companies develop their core business while growing in adjacent areas, which involves new customer offerings.The division is expanding rapidly thanks to an increasing need to measure and control technical equipment while technological development of sensors, signal transmission and data processing is continually in progress. Many of the companies in the division are world leaders in their respective niches with exports to large parts of the world.

The division also includes several niche value-adding distributors for networks, signal processing, audio/video, lighting and monitoring, among other areas. With new types of sensors and better communications solutions, the companies in the division contribute to higher efficiency, lower use of resources and to a more sustainable society.

The customers consist of companies that wish to measure, control and monitor industrial processes. In the case of Radonova, the customers also consist of public authorities and private households who wish to ensure low radon levels in their living environment.

About the businesses

The companies in the division all have unique positions within their specific markets, Some of the businesses are described here below.

Radonova is a world leader in radon measurement and the division’s largest unit in terms of earnings.  From the base in Uppsala and Sweden, exports are growing to the Nordic countries, the rest of Europe and in North America. Radon measurement occurs in residential properties but also to an increasing extent in workplaces, at schools and at day nurseries and in mines. The market is growing generally due to stricter requirements from public authorities and as a consequence of digitalisation. Precimeter develops laser sensors for advanced control of molten metal level measurement in smelters around the world. GasiQ designs and manufactures cost-saving regulators and other gas equipment. Besides their innovative corporate culture, all three companies develop world-leading technology for measurement and control with sales throughout the whole world. The three companies generate an annual revenue of approximately MSEK 200.

Excidor develops control systems for maintenance vehicles such as snow ploughs, tiltrotators and brushes, an area where Excidor and other Scandinavian companies are world leaders. Load Indicator is also connected to the automotive industry with development and own production of components for force and torque measurement, for example for weighing loads and for controlling industrial tools. The two companies generate an annual revenue of approximately MSEK 80.

Direktronik in Sweden imports and refines components for efficient solutions in communication networks, while Leteng in Norway has a similar business focused on signal processing for audio/video. The two Vanpee companies in Norway and Denmark are also so-called value-adding distributors, with a focus on environmental and energy saving lighting components and lighting controls. They also offer high quality and smart products in electromechanics, cabling materials, connectors and passive components for several industries. Together the companies generate annual revenue of approximately MSEK 360.

The Norwegian company Geonor manufactures and sells geotechnical, hydrologicla, metereological and environmental equipment and solutions to a broad customer base in Norway and internationally. The company has a turnover of approximately MSEK 30 with good profitability. In July 2022, Stegborgs El-evator was acquired. The company has a strong position in the renovation and reconstruction market for elevators and with its proprietary control and modular system, there are good prerequisites for continued expansion in Sweden. The company has a turnover of just over MSEK 60 with good profitability.