Marstrom Composite receives order worth approximately 33 MSEK
Marstrom Composite receives order worth approximately 33 MSEK
Scandinavian Astor Group AB (publ) (“Astor Group” or the “Company”) announces today that its subsidiary Marstrom Composite AB (“Marstrom”) has secured an order worth approximately SEK 33 million from a Western customer in the infrastructure sector.
The order comprises advanced composite solutions for demanding industrial applications in the infrastructure sector for a Western customer, with an order value of approximately SEK 33 million.
“This order is a strong testament to our ability to develop and deliver sophisticated composite solutions that meet exacting requirements. We look forward to carrying out the delivery with the same focus on quality, precision and reliability that characterises our entire business,” says Fredrik Lindblom, CEO of Marstrom Composite.
Marstrom develops and manufactures advanced composite solutions for the defence, marine and industrial markets, amongst others. Deliveries under this order are scheduled to commence in March 2027 and will continue on an ongoing basis for the remainder of the year.
“This order demonstrates Marstrom’s strong position in advanced composite solutions and its ability to meet customers’ high standards. It is yet another example of the industrial expertise and capacity within Astor Group,” comments Martin Elovsson, CEO of Scandinavian Astor Group.
Due to the nature of the industry and circumstances relating to customers and national security interests, no further information regarding this matter or the customer will be disclosed.