About Åkers Group

The Åkers Group is the world's leading producer of high quality cast and forged rolls for the steel and aluminium industries.

Altor acquired Åkers in May 2008 and will develop the company in partnership with the management team and the previous owners STC Interfinans that have retained a significant minority stake.

Åkers manufactures different types of rolls used in mills to shape and form semi-finished metal products and are considered a mission critical consumable for steel production. The company was founded in 1580 and roll production commenced in 1806. The company is headquartered in Åkers Styckebruk, Sweden, and has ~2000 emplyoees at its 12 production units in 6 countries.

During the past years, Åkers' management team has been strengthened with several leading steel industry executives and the management team has started comprehensive afforts in reinforcing Åkers' leading customer service and technology advantage. Altor aims to accelerate these efforts and create a true world class industrial group. Key strategic focus will be to expand capacity in key growth markets such as China and India, and over time to shift capacity from low to high-end rolls. In addition, Altor believes Åkers provides an optimal platform to pursue consolidation in the fragmented rolls industry.