We’re kicking off 2026 with a brand‑new LinkedIn series - Meet Latour Industries - where we introduce the people behind our team. First out is Joel Lindberg, Investment Analyst at Latour Industries.

Hi Joel! What does a typical day look like in your role?
It varies a lot, but most days include some form of company screening. I also frequently contact and visit companies, attend industrial trade shows, or conduct commercial or financial analyses.

One thing people might be surprised to learn about you?
Even though I’m usually calm and collected, I am very competitive when it comes to sports. Sometimes my colleagues get to experience that firsthand when we play table tennis during lunch breaks.

Favorite way to unwind after work?
On weekdays, I like to reset by exercising. When I have more time, on weekends or during vacations, I generally enjoy being outdoors and I especially like going fly fishing for trout.

Good to hear, Joel! Love the fitness + fly‑fishing combo. Thank you for being a valuable part of the team!

Click here to see the LinkedIn post.

Happy Holidays from Latour Industries!

We’re proud to support Social Initiative Women & Climate in empowering women in rural Tanzania to become solar entrepreneurs.

By contributing to this program, we help create jobs, reduce poverty and promote energy-efficient solutions that lower carbon emissions. Together, we’re driving positive change for people and the planet. 

Latour Industries expands into forestry equipment with the acquisition of Alstor AB. 

Latour Industries has acquired 100% of Alstor - a leading provider of compact forestry machinery for thinning and forest management.

We’re excited to welcome Kristian Laurell and the Alstor team to Latour Industries and look forward to exploring new opportunities together in this attractive market.

Read more about Alstor here.

Reflecting on an inspiring week with Latour!

Latour Sustainability Day
A day filled with engaging presentations and interactive workshops with sustainability on the agenda. The atmosphere was buzzing meaningful conversations, and it was a fantastic opportunity to connect with others who share a passion for building a more sustainable future.

Latour CFO Days
Two days dedicated to networking and thought-provoking sessions with inspiring speakers. We explored key topics such as leadership, AI, the circular economy and the global economic climate - gaining valuable insights and strengthening our professional network.

A heartfelt thank you to Latour for hosting these impactful events!

We are proud to be part of such a strong and forward-thinking industrial network.

A big thank you to all who helped deliver a good quarter! ♟️

Order intake rose 12% year-on-year (7% adjusted) with good demand at REAC and net sales up 7% driven by LSAB and acquisition of HDS Group. Adjusted operating profit was mainly driven by MAXAGV’s strong performance, while the economic downturn, effects of exchange rate movements and investments for future growth had a negative impact.

Last week, the Latour Female network hosted another event - this time in Stockholm at Hultafors Group’s office!

Bodil Sonesson, CEO at Fagerhult Group, shared inspiring reflections on her career under the theme Time as a Resource, sparking a lively panel discussion full of insights and inspiration with Sofia Rudbeck, Kerstin M. Stenberg and Clara-Beatha Björck.

Matilda Kemborn, Group Controller at Latour Industries and part of the project team, shares her thoughts:
"It was truly exciting to host the event in Stockholm for the first time and to welcome some new faces. It’s incredible to see how Latour Female continues to grow as a platform for learning and meaningful connection."

Earlier this year, we shared that our colleague Susanna Alnström joined the LEDAC International Leadership Program. Now, as she has completed the program, she reflects on her most valuable learnings: the power of clear and inclusive communication, the importance of trust, and the realization that leadership is about much more than formal responsibility.

What qualities do you think are most important in a good leader – and why?
One of the most important qualities of a leader is the ability to communicate clearly and inclusively. It’s not just about conveying a message, but ensuring it truly reaches people and resonates in the right way with different individuals. A good leader adapts their communication to the recipient and provides time for reflection. In addition, trust is crucial. A leader who shows confidence in their team creates a safe environment where people dare to grow and take responsibility.

What was the most valuable insight you gained from your recent leadership training?
The most valuable insight I gained from LEDAC was the confirmation that I am indeed a leader – even without formal managerial responsibility. I realized that leadership is about being a knowledge resource, a steady presence, and a guide for others. This has strengthened my self-confidence and given me the courage to take more space. I have also gained an invaluable network within Latour, which I look forward to continuing to develop.

How can companies best support the development of future leaders?
Companies can best support future leaders by showing trust and creating space for learning – even through mistakes. Daring to fail is an important part of growth. The LEDAC course is a clear example of how the right support and forum can provide enormous personal and professional development. All of us who participated have grown, both as individuals and as leaders.

Congratulations to Marcus Wärring, CFO of LSAB Group, for successfully completing the Latour Executive Programme.

This programme brings together leaders from across the Latour Group to strengthen management capabilities, exchange experiences, and tackle real-life strategic challenges. Through lectures from leading academics and practitioners, combined with hands-on project assignments, the programme equips participants to drive long-term value and sustainable growth in their companies.

Latour Industries and LSAB Group are committed to developing strong leaders for the future.

Again, well done Marcus and welcome to the growing network of Latour Executive Programme alumni!

Latour Industries delivered a stable second quarter, showing resilience in a mixed market environment.

• Turnover reached SEK 518 million, compared to SEK 503 million in Q2 2024.
• EBIT amounted to SEK 37 million, in line with last year’s SEK 38 million.
• EBIT margin was 7.2%, slightly lower than the 7.6% recorded in Q2 2024.
• Gross growth came in at 3.0% (Q2 2024: 6.1%), with organic growth of 1.5% (Q2 2024: 4.2%).
• Strong performance in MAXAGV contributed positively, while REAC Group maintained healthy demand.

Despite currency effects and continued investments in future growth, Latour Industries sustains a solid base, balancing short-term challenges with long-term opportunities.

We’re thrilled to welcome Gustav Samuelsson to the Latour Industries team!

Gustav is no stranger to Latour, having been part of the broader Latour sphere for many years. Most recently, he served as CFO at Densiq Group, one of our portfolio companies.

With a solid background in M&A, Gustav brings valuable expertise that will further strengthen our ability to execute on our acquisition agenda and support the development of our portfolio companies.

Welcome aboard Gustav - we’re excited to have you with us!

We’re excited to welcome Markus Ulenius to Latour Industries!

Markus joins as COO, bringing a wealth of experience from McKinsey & Company and most recently CHORD Management Consulting, where he has driven impact across a range of industries. At Latour Industries, he will focus on M&A and proactive deal sourcing - a key priority as we continue to expand and develop our portfolio.

We’re thrilled to have him on board - welcome to the team, Markus!

At Latour Industries, we’ve entered 2025 with a clear ambition: to shift from a mindset of measuring sustainability to one of acting on it. All our portfolio companies have now drafted concrete sustainability action plans, laying the foundation for measurable improvements.

Here are some results from our portfolio companies' initiatives during the first quarter of 2025.

Follow Latour Industries to learn more about how we’re turning sustainability plans into action across our group.

A mixed start to the year, with solid contributions from some units offset by tougher conditions in others

• Order intake is lower overall compared to the same period last year, though demand trends vary across our business units. Underlying demand remains strong for REAC and MAXAGV, while the market environment is more challenging for LSAB, the Mobility division, and Densiq.
• The adjusted operating profit was primarily driven by strong performance from REAC and MAXAGV. However, macroeconomic headwinds and investments in future growth had a negative impact.
• Previously, central costs were shared with Innovalift. Now that it operates as a separate business unit, these costs weigh more heavily on Latour Industries' EBIT.
• Invoicing increased by 7%, of which 1% was organic growth.

On April 10th, the second event of Latour Female was hosted at the Latour head office. Participants from across Latour’s wholly owned operations gathered in Gothenburg, while others connected via live link, including some all the way from North America.

The event featured a presentation by Linda U Johansson on the cutting-edge topics of AI and immersive technology. Latour Female's sponsors, Tina Hultkvist and Helene Mellquist, also shared Latour's perspective on AI, discussing its potential and implications for the future. 

About Latour Female
Latour Female is a female network that unties women to encourage gender equality in our industry and to create an inspiring space for women to meet, share experiences and grow. 

In 2024, Latour Industries took major steps in its growth journey. With a new CEO – Tina Hultkvist – the team was strengthened, and a clear acquisition agenda was brought into focus. Innovalift was established as its own business area, and further efficiency improvements were implemented to create profitable growth within existing operations.

At the same time, the strategy is expanding with a focus on both platform and stand-alone acquisitions, where sustainable value creation is a natural part of the process. The acquisition of German HDS Group is one of several steps toward building the industrial companies of the future.

Latour Industries currently consists of six technology-intensive companies with a strong international presence – and the pace of expansion is increasing.

Read more on pages 68–71 in Latour’s 2024 Annual and Sustainability Report below.

Latour's Annual and Sustainability Report 2024

Tina Hultkvist has an extensive executive industrial and international experience from her time at the Volvo Group with a proven track record of successful leadership. Her last position at the Volvo Group was as CFO of the Group. She started at Latour Industries February 2024 as COO and part of the executive management team where her focus has been to increase the capacity of the M&A activities together with the team. Furthermore, she is owner representative and chairman of some of the holdings within Latour Industries.

“I am honored to take on the role as CEO of Latour Industries. The strategic role of Latour Industries to establish new independent business areas for the Latour industrial portfolio is exciting. I am looking forward to, together with the team, further develop current holdings as well as continuing the proactivity to acquire new companies and build platforms for new business areas, to further strengthen the industrial portfolio”, says Tina Hultkvist.

“I would like to welcome Tina to her new position. It is with great joy that I am looking forward to the collaboration with her and the team to develop Latour Industries further in line with the ambitions and culture of Investment AB Latour”, says Heléne Mellquist, Chairman of Latour Industries.

Björn Lenander will end his position as CEO of Latour Industries the same day. He will continue as Senior Advisor reporting to Heléne Mellquist. Moreover, he will keep his board assignments in Caljan and Innovalift.

Innovalift’s Journey

The journey began with the acquisition of various platform lift companies. First up was the acquisition of Aritco Group in 2016, which consisted of Aritco Lift and Gartec. This was followed by the acquisition of Vimec in 2017, TKS Heis in 2019, and finally Motala Hissar in 2021. The acquisitions made between 2017-2021, together with Aritco Lift and Gartec, formed an international group of leading platform lift companies.

Timeline over Innovalift’s journey.

In addition to platform lift companies, the installation and service companies Invalifts and Ability Lifts were acquired through Aritco Group in 2019. Alongside these acquisitions Latour Industries entered the market of elevator components and modernization through the acquisition of Vega 2021. Subsequently, Esse-Ti (2022) and BS Tableau (2024) were added to the family of component and modernization companies.

At the beginning of 2024, all these companies were consolidated into a new division within Latour Industries under the name Innovalift. With a net revenue of 2.6 billion SEK (pro forma, 2023) and approximately 850 employees, Innovalift took the step out of Latour Industries in 2024 to become its own business area within Latour.

Innovalift’s Idea and Market

The idea is to move people – whether they are individuals seeking increased mobility or comfort in their homes, property owners wanting to provide enhanced accessibility in public spaces, or elevator companies looking for the latest technology in their installations.

The Platform lift HomeLift Compact from Innovalift’s business area Aritco Group.

The platform lift operations encompass both vertical lifts and stairlifts, targeting both the home market and the public market. Key growth factors in these markets include accessibility requirements, urbanization, and demographic changes. The elevator components operations include the manufacturing and sale of various components such as control systems, gateways, alarm systems, and user interfaces, primarily for modernization projects. Growth factors in this market include an aging installed base of elevators, new regulations, and the cost and sustainability benefits of modernization compared to new installations.

Latour Industries is accelerating – even in a challenging market.

With a clear growth agenda and a sharpened focus on acquisitions, Latour Industries continues to create value and opportunities. One major milestone: the launch of Innovalift, a new division focused on lift solutions – now comprising five companies and over SEK 2 billion in sales.

From the initial acquisition of Aritco in 2016 to the recent addition of Germany’s BS Tableau, Latour has steadily built a strong platform in a sector driven by long-term trends. Innovalift will now be led by Andrea Veggian, a long-time Latour leader with deep operational experience.

As we continue expanding, we’re also strengthening our team to proactively drive new acquisitions and partnerships. Growth, long-term vision, and people development remain at the core of Latour’s success.

Read more in Latour’s 2023 Annual & Sustainability Report (pages 68–71) below

Latour’s 2023 Annual & Sustainability Report

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Latour Industries AB announces a recommended cash offer of SEK 10.75 per share to the shareholders of Allgon AB (publ)

Latour Industries AB ("Latour Industries") hereby announces a recommended public offer to the shareholders of Allgon AB (publ) ("Allgon" or the "Company") to tender all shares of series B in Allgon to Latour Industries at a price of SEK 10.75 in cash per share (the "Offer"). The shares of Series B in Allgon are listed on Nasdaq First North Growth Market.

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