Holmbergs Safety System receives capital investment from FSN Capital

Holmbergs Safety System Holding AB, a Halmstad, Sweden-based manufacturer of mission critical safety systems to the child safety seat industry, announced signing an investment agreement with FSN Capital.

The transaction, made through FSN Capital V is for the acquisition of a majority stake in Holmbergs, with existing management and current owners re-invest alongside FSN Capital, and continuing to own a material stake in the company.

Holmbergs, founded in 1938 and led by CEO Mikael Hägg, has grown into an international organization with production facilities in Europe, Hong Kong and China. The company started manufacturing components for seat-belts as far back as the 1950s.

During the twelve months period ending on 30th April 2017 Holmbergs reported sales of SEK 316m ($37M) and has generated an organic sales CAGR of 18.5% 2014-2016.

In partnership with FSN Capital, Holmbergs aspires to reinforce its strong market position and further accelerate international growth, primarily in Asia. Additionally, the Company intends to grow its adjacent secured transportation business, through both organic and inorganic initiatives.