Annual rank76
Sweden · Consumer Non-Cyc.
Lagercrantz Group
Five divisions cover electrification, control, technical security, niche products, automation, railway infrastructure and renewable energy.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Long-term ownership of independent niche-technology businesses
Lagercrantz Group is the owner rather than the operating brand behind more than eighty specialised B2B technology companies. Five divisions group independently managed businesses around electrification, measurement, security, proprietary niche products and international platforms. The parent selects acquisitions, allocates capital and supports development; local management keeps responsibility for customers, products and staff. This boundary matters: Elpress connectors, Mastsystem tactical masts, Tormek sharpeners and Truxor wetland machines are subsidiary products, not one Lagercrantz catalogue.
Ownership and acquisitions
The centre chooses the niche; subsidiaries run the business
Lagercrantz targets profitable product companies with defensible niches, proprietary product rights and room to expand beyond their home markets. A typical target has sales of SEK 40–400 million and historically an operating margin above 15%. After acquisition, the parent supplies a board, capital and support in pricing, digitalisation, internationalisation, inventory and add-on deals. Day-to-day authority remains local: about 3,600 employees work across subsidiaries while only 22 sit at group level.
- Follow the acquisition process Target profile, transaction stages, integration and development
- Read the group strategy Niche positions, acquisitions and management by objectives
- See how authority is distributed Subsidiary autonomy, division structure and group-level staff
- Map the five divisions More than eighty operating companies across distinct niches
Electrify division
Connections, safety devices and deployable masts
Electrify is an ownership cluster, not a common product brand. Elpress develops terminals, connectors and crimping systems for power distribution, renewable energy, railways and electrical machines. Mastsystem makes composite field and vehicle masts that rapidly reposition antennas for defence and civil users. Norwesco manufactures safety switches, stove guards, residual-current devices, timers and electric-vehicle chargers with load balancing. Cue Dee adds structures and masts for telecom and wind-power infrastructure.
- Explore the Electrify cluster Named subsidiaries, infrastructure markets and group boundaries
- See System Elpress Connectors, tools, certification, training and service
- Explore Mastsystem Tactical field and vehicle masts, mounts and antenna positioners
- Read the Norwesco development case Swedish electrical-safety products and export expansion
Niche Products division
Sharpening, wetlands, dispensing and flood protection
The subsidiaries solve unrelated but specific operating problems. Tormek makes Swedish sharpening machines and jigs for kitchen knives, woodworking tools, scissors and axes. Truxor's amphibious carriers change attachments to cut reeds, collect vegetation and debris, excavate and dredge in shallow water. Asept supplies dispensers and pumps for liquid foods. Wapro develops high-quality check valves and flow-control systems and sells them in 49 countries; several Tampa-area cities adopted its solutions before wider expansion along the US east coast.
- Explore the Niche Products cluster Asept, Tormek, Truxor, Wapro and other independent specialists
- See Tormek sharpening systems Machines, jigs, wheels and application guides
- See Truxor in wetland work Amphibious machines, attachments and water-management uses
- ▶ VideoWatch Truxor's amphibious machines Official English-labelled product film showing attachments and wetland work
- Read the Wapro development case Check valves, 49-country reach and expansion from Tampa-area cities
International division
Marine bridges, rail assets and demanding cable routes
International groups seventeen independently managed specialists, particularly in Denmark, Norway, Germany and the United Kingdom. ISIC develops rugged monitors and navigation equipment for marine bridges and other exposed environments. Its AC Antennas subsidiary makes antennas for marine, land-mobile and other communications applications. E-Tech Components supplies cable accessories for demanding infrastructure and industrial installations. Lagercrantz describes these businesses as clusters that can share market access while retaining their own names, engineering and customer responsibility.
- Explore the International division Seventeen specialists and the marine, rail, power and industrial clusters
- See ISIC marine displays Rugged monitors and navigation equipment for exposed settings
- Explore AC Antennas Communication antennas for marine and land-mobile applications
- Explore E-Tech Components Cable accessories for demanding infrastructure and industry
Official profile sources: History | Lagercrantz · About us | Lagercrantz
Current 2026 update
What has changed in 2026?
Q1 2026/27 · 17 July 2026
Q1 2026/27latest official update
4company-specific highlights
+6%2026 stock return · context only
Net revenue
Fiscal Q1 net revenue increased 17.5% to SEK 2,907 million, including 6% organic growth.
EBITA
EBITA increased 15.3% to SEK 498 million, while the EBITA margin narrowed to 17.1% from 17.5%.
Profit after financial items
Profit after financial items increased 18.1% to SEK 405 million.
Operating cash flow
Cash flow from operating activities decreased 3.1% to SEK 279 million.
Official 2026 sources: Lagercrantz Interim Report Q1 2026/27 · 17 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 76 | +64% | +71% | +101% |