Swed-Weld
Swed-Weld is a producer of add-on equipment for the optimization of automated manufacturing lines.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (23 %) | (11 %) | 14 % | 17 % | (47 %) | 263 % | (5 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 30 % | 14 % | (19 %) | (7 %) | (43 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 25 % | 10 % | (20 %) | (8 %) | (45 %) | 14 % | (15 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Established in 2000, Swed-Weld AB operates from its headquarters in Värnamo, Sweden, specializing in advanced automation systems for the manufacturing sector. The company designs and produces systems for material feeding, resistance welding, and insertion presses, with a strategic focus on the demanding automotive industry. Swed-Weld's business model centers on providing high-productivity equipment to major automotive manufacturers; it is a listed supplier to the Volkswagen Group—including brands like MAN, Porsche, and Scania—and serves as a single supplier to Volvo Cars.
The company’s product portfolio is engineered for reliability and efficiency in automated assembly processes. Core offerings include smart feeding systems for screws and nuts, as well as single and multi-projection welding machines. A key design philosophy is modularity, which allows for rapid integration into existing production lines and easy reconfiguration for new components, minimizing downtime. The systems are noted for their high uptime, with some production runs achieving 99.998%, low power consumption, and ergonomic designs that reduce noise emissions. Data analysis features are integrated to provide early warnings for preventive maintenance and troubleshooting.
Historically, Swed-Weld was venture-backed, with a significant milestone in 2018 when Scania Growth Capital became a major shareholder. The company continued its growth trajectory, recording a turnover of approximately 2.6 million EUR (30 MSEK) in 2023. This led to its acquisition by Atlas Copco Group on July 2, 2024, for an undisclosed price. Following the acquisition, Swed-Weld was integrated into Atlas Copco's Motor Vehicle Industry Tools and Assembly Systems division, complementing its new parent company's portfolio with specialized nut and screw feeding solutions. Peter Sprigg serves as the CEO of the company.
Keywords: automated manufacturing, resistance welding systems, material feeding systems, insertion press systems, automotive industry supplier, automated assembly, nut and bolt feeders, modular production systems, robotic cell equipment, smart feeding solutions, welding automation, automotive manufacturing technology, production line integration, high-productivity systems, Scania Growth Capital, Atlas Copco acquisition, Värnamo Sweden, industrial automation, projection welding, smart assembly, Peter Sprigg