Through the SIMEZA acquisition, Tornum Group gains access to proprietary storage solutions for the grain industry (silos), creating significant synergies within the platform. This means that Tornum Group will now be able to offer a larger share of customer deliveries with proprietary storage solutions, which in turn will lead to increased volumes for SIMEZA.

“Tornum Group is a good example of how we want to build strong platforms and create long-term value growth. The SIMEZA acquisition is a good fit with our strategy to acquire companies based on how they strengthen our offering and market position. We see good opportunities for more value-creating add-on acquisitions in our platforms and continue to seek these actively,” says Volati CEO Andreas Stenbäck.

Tornum Group has been part of the Volati Group since 2004, when its sales were approximately SEK 90 million. Since then, the platform has grown both organically and through acquisitions. Tornum Group has made five acquisitions in the last three years and currently has sales of approximately SEK 900 million.

Growth through acquisitions is an important part of Volati’s strategy to create long-term value growth. The ambition is to develop the Company’s businesses into larger and stronger platforms through organic growth, operational improvements and add-on acquisitions, both in the Nordic region and the rest of Europe.

The acquisition has been financed through Volati’s existing credit facilities, with immediate access to the shares.

Learn more about SIMEZA: https://simeza.com/en