Bergman & Beving, founded in 1906, is a Swedish listed group that acquires and develops leading companies with an eternal ownership horizon. The Group’s autonomous companies work in expansive niches, where they provide value-adding solutions for industrial and construction clients. Each company operates with great freedom on the basis of a decentralized management model that has been creating growth, profitability, and sustainable development for more than 100 years. Bergman & Beving, listed on Nasdaq Stockholm, has approximately 1,300 employees and a turnover of approximately SEK 5 billion. The Group consists of about 20 companies represented in more than 25 countries.

Oscar Fredell, Head of Division Tools & Consumables comments “Orbital is a leading player within its niche in the British market. With a high level of know-how, a wide and loyal customer base and good market conditions, we see good opportunities for further profitable growth”.