Strengthened position within the packaging sector

Strengthened position within the packaging sector

The Group’s acquisition of the Dutch company Canline entailed an important step in our aim of further extending our product offering within automation equipment to the international packaging industry. Together with fellow subsidiaries NPB, Fredriksons and Jorgensen, Canline offers the market’s most complete solutions. The companies are included in XANO’s Industrial Solutions business unit.

Complementary range and markets
The background to the acquisition of Canline related primarily to the synergies that are expected to be achieved within the Industrial Solutions business area. Canline’s range of conveyor systems for the handling of lids and cans is, to a large extent, parallel with NPB’s automation equipment, and also complements Fredriksons’ conveyor solutions for the packaging industry. Through this acquisition, NPB and Fredriksons have also gained additional specialist expertise and access to new market segments. 
    “The Canline organisation is largely made up of engineers. One of our main strengths is our ability to resolve our customers’ challenges. Belonging to XANO has provided us with a better starting point, both as regards product development and marketing. Together we can provide a more comprehensive offer,” says Karel Broerse at Canline.

Joint ventures
A close working relationship between the companies will strengthen the individual entities, and with their shared resources they will be able to offer the most complete solutions on the market and have the capacity to execute large-scale automation projects. 
     “The collaboration provides us with the opportunity to work together to further develop our strong market position and to benefit from our leading expertise as one player. The new constellation provides synergies as a result of the fact that we jointly have considerable opportunities to invest in product development and sales efforts. We have already seen increased interest in our combined offering from customers,” comments Johan Hagstedt, Managing Director  of NPB. 
     NPB and Canline have received a series of enquiries and entered into agreements regarding joint deliveries to countries such as Australia and Brazil. Together, the companies have also established a sales organisation for the Asian market.

XANO increasing exports
NPB, Fredriksons and Canline work with the packaging industry the world over, with the bulk of their sales outside of the Nordic region. In recent years, the Group’s export sales as a whole have also increased gradually. 
     “Sales outside of Sweden make up the majority of our turnover. Above all, this is the result of a long-term, strategic investment, but it is also due to the companies working within technology-intensive, extremely niche areas. Their expertise and specialisation means that they are often of interest to customers, regardless of where in the world they operate,” says Lennart Persson, CEO of XANO.
     XANO already had several operations outside of Sweden, although Canline is the first Group company that does not have its primary base in Sweden.