Scafom-rux, a prominent name in the system scaffolding market, has taken a significant step in solidifying its presence in Sweden by acquiring Tobit, its Swedish distributor.
This strategic move aims to bolster Scafom-rux’s footprint in Sweden and lay the foundation for future expansion into Norway and Finland while also enhancing services for Tobit’s existing customers.
Tobit, a recognized leader in the regional scaffolding market in northern Sweden with its own webshop, will now be integrated into Scafom-rux’s existing Swedish subsidiary.
This move will enable a more cohesive and unified customer offering across Sweden, set to be implemented in 2024, with Tobit undergoing a rebranding process.
Anders Olausson, Managing Director of Scafom-rux in Sweden, expressed his satisfaction with the acquisition and highlighted the potential for growth in the northern region.
“I am very satisfied with the acquisition of Tobit and look forward to working with Johan Sandin, the founder of Tobit. Together, we can offer sales and rental solutions to customers throughout Sweden. We see good opportunities to expand our operations in the north given the large investments that will take place in the region,” Olausson said.
The demand for Scafom-rux products in northern Sweden has been on the rise, and with Tobit’s existing sales and regional market dominance, the acquisition opens up avenues for expanding the rental of scaffolding materials – a business segment requiring substantial capital investment.
Johan Sandin, founder of Tobit, emphasized the significant potential in northern Sweden’s green industry transition, where massive investments are projected. “Norrland will be the center of a massive investment in the green transition of the industry.
According to the plans, more than 1000 billion will be invested in new steel mills, battery factories, and energy solutions in the region. Tobit is the largest seller of scaffolding in the region. Scafom-rux will be able to take advantage of the coming boom by using Tobit’s network and customer base that we have built since 2016,” Sandin stated.
The acquisition will also enable Scafom-rux to offer scaffolding equipment rental services to customers in the north of Sweden, while customers in the southern region will gain access to the webshop and an expanded product portfolio.
Koen de Wit, CEO of Scafom-rux Holding, commented on the acquisition, highlighting the synergies between the two companies. “Tobit adds new dimensions with its webshop, payment solutions, and a strong position in customer segments that we have not previously served.
With the large investments in northern Sweden, it is important for us to have a strong presence in the region. The acquisition gives customers in the north of Sweden the opportunity to rent our equipment, while customers in the south get access to the webshop and a broader product portfolio,” de Wit noted.