PRESS RELEASE
Thomas Concrete Group:
Thomas Concrete Group new majority owner of Polish Scanbet
Gothenburg, 3 April 2024
Thomas Concrete Group, headquartered in Sweden, has acquired the majority of the shares in the Polish concrete company Scanbet, with a total of 200 employees and annual sales of approximately SEK 250 million.
“We’ve chosen to invest and broaden our offering to the market to stand strong when the economy in the construction industry turns,” says Hans Karlander, President and CEO of Thomas Concrete Group. “Scanbet has been active in the Swedish and German markets for quite some time and complements our range of precast concrete products. With the acquisition, in the future we'll have production and sales of these products in more countries and will be better able to manage a varying market situation and different economic conditions.”
Thomas Concrete Group has owned 35 percent of the shares in Scanbet since 2021. With the acquisition of additional shares, the company has become the majority owner with a total of 84 percent. The remaining shares will continue to be owned by one of Scanbet’s founders.
“Our strategy is to be the majority owner of the companies we invest in,” says Hans Karlander. “As the majority owner, we can take overall responsibility for the company and for quickly driving development forward. We'll review the market mix and evaluate how we can streamline operations to become even better together, including through increased digitalization, technical development and investments in more sustainable solutions for our customers.”
Scanbet has been producing precast concrete elements for more than 30 years. The company is well-reputed in Poland with 200 employees. Scanbet is also big in the Scandinavian and German markets, and the strategy is to run the company in a similar way as before, but with increased stability through the greater capabilities of the Thomas Concrete Group.
The acquisition was completed on April 2 and went into effect the same day.
For more information, contact:
Hans Karlander, CEO Thomas Concrete Group AB
hans.karlander@thomasconcretegroup.com
+46 10 450 50 00
Thomas Concrete Group AB
Thomas Concrete Group is an independent Swedish family owned company that develops, produces and sells high-quality concrete. The company was founded in 1955 in Karlstad, Sweden, by Martin Thomas and today operates in the USA, Poland, Germany, Norway and Sweden. The head office is located in Gothenburg, Sweden. The company has about 2,400 employees and had a turnover of approx. 12 billion SEK in 2023. www.thomasconcretegroup.com
