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Lindab’s first 50 years of simplifying construction
1. lindab
1959 - 2009
50 years of simplifying construction
1959-2009
Lindab’s first 50 years of simplifying construction
From tinsmith to international industry leader within steel based construction and ventilation solutions
2. lindab
1959 2009
-
The staff are gathering outside the production
premises in Grevie some time in 1963. Today
these buildings are part of Lindab’s head office
facilities in the south of Sweden.
3. 50 years of simplifying construction
1959-2009
A commemorative book chronicling Lindab’s first 50 years
of simplifying construction
5. 50 years of simplifying construction
Over the past 50 years, our work at Lindab has been in the pursuit of a
single-minded goal; to constantly develop our skills and knowledge within
what we now call simplifying construction. The path we chose in order to
offer increased customer value has been based on quality, proximity and
service using steel as the central theme.
From the very outset, our founder, Lage Lindh put the customer
front and centre. By building a company philosophy based on the values
of “neatness and order”, strong entrepreneurship and quick decisions,
the conditions were created for the business model which has involved
streamlined production, highly advanced distribution, together with a flow
of innovations and constant awareness of the needs and wishes of our
customers. When the business began in the late 50s, few thought that
these actions would create a group which today has a leading position in
Europe within building and ventilation solutions.
It is my hope that those of you reading this will be interested to learn about
our history, and see all the common threads that have clearly run through
the 50 years right up to the present day.
At the beginning of the 2000s, we formalized the basic values that Lindab
is built on. This resulted in the three key phrases Simplifying construction, Down to earth and Neatness and order, which are as true today as
throughout the 50 years history.
David Brodetsky
President and CEO
Lindab AB
Allow me to conclude by sincerely thanking all of our customers, our staff
and all the others who have contributed to the development of Lindab
and have made it possible for us to simplify construction. We now set our
sights on the next 50 years. Nothing is so good that it cannot become
even better, simpler or more efficient.
5
6. lindab
1959 - 2009
Lindab then and now
In the text on the following pages you will find a lot of Swedish city and
small town names connected to the Lindab story. To facilitate localizing
these places when reading the text, we have included a map of Sweden
highlighting these places. On the opposite page you will also find a map
showing Lindab’s current presence in Europe, CEE/CIS and USA.
Each page in this presentation includes a summary table. This table
uses some symbols for significant events. Please find the key to these
symbols on the opposite page.
Lycksele
Sweden
Lidhult
Stockholm
Västra Karup
Båstad
Grevie
Förslöv
Ängelholm
Jönköping
Göteborg
Map of Sweden showing some important Lindab
places and major Swedish cities.
Malmö
6
7. Key to the table
Each spread presents a summary table. In
these tables the plus sign, a flag or the factory
symbol designates the following:
Major acquisitions
USA
Europe
and CEE/CIS
Entry into new market via sales
office/subsidiary
New factory or major expansion of
existing unit
At this point in the story, you will here
and there discover small stories of odd,
unique and unusual deliveries. These
stories are not necessarily connected to
the year with which they are presented.
Current Lindab market presence (February 2009)
7
9. Prologue: the pre-Grevie years
Lidhults Plåtslageri in Lidhult, approximately 80 km from
Grevie, was owned by tinsmith Valter Persson, who ran the
business assisted by two employees. What distinguished
Valter from other tinsmiths was that he had started a small
scale semi automated production of fittings for exterior wall
cladding. A production concept highly unusual in this trade!
It was 1956 when jack-of-all-trades, Lage Lindh, walked
in. He had previously sold fruit and berries, and shortly
thereafter he had travelled around the farms and cottages
of southern Sweden selling paint. When visiting Lidhult
one day in March, an acquaintance of Lage told him about
Valter Persson, the tinsmith who had designed an aluminum
strip to be used for mounting exterior cladding, which he
had then started to mass produce. Lage Lindh decided to
visit Valter Persson, who was in need of someone to travel
around promoting and selling the aluminum strips, so they
two came to an agreement. Over the next three years, Lage
would take care of marketing the new aluminium strips.
During the first year, Lage covered approximately
120,000 km behind the wheel, visiting virtually every timber
merchant from Ystad in southern Sweden to Haparanda in
the very north. Lage soon noticed that selling the aluminium
strips was particularly successful in those places where the
staff actively demonstrated the product along with its advantages. Lidhults therefore produced a small model cottage
clad in eternit panels fitted with the help of the company’s
handy aluminum strips.
Sales took off over the next few years, Valter employed more
and more people and so Lage started to think that the strips
could be complemented with further products. Windowsills
and barge-board fixtures continued to be done by the tinsmiths, but towards the end of the 50s, Lage saw how the
new “do-it-yourself” market was growing. Production of
these fixtures started up and in 1958 the premises in Lidhult
started to become increasingly cramped while the parsimonious local authorities did little to create opportunities for
expansion. During a trip to Båstad, Lage visited timber firm
NP Nilsson in Grevie, and happened to hear about vacant
premises that would suit Lidhults Plåtslageri’s growing business.
Pretty soon, the story began in earnest.
1956 - 1958
1956
Valter Persson runs Lidhults Plåtslageri in Lidhult
Lage Lindh appointed to market
the new aluminium strips
1957
Net sales and the number of employees really
started to take off
Lage Lindh proposes windowsills and
barge boards as new products
1958
Production of sheet metal fixtures begins
The premises started to become too small
Lage Lindh visits Grevie and discovers
the new premises
Lage and Valter decide to move
operations to Grevie
9
11. -- 2009
Air duct systems
Comfort
Building components
Building systems
12. lindab
1959 - 2009
Half a century of simplifying construction with steel solutions
1959
1963
Company established
1968
From sheet metal workshop to
sheet metal industry in two years
pages 16-17
1970
Scandinavia’s biggest
Partnership for increased export
pages 24-25
pages 28-29
pages 20-21
1961
The crisis, the solution and
expansion
pages 18-19
1959
1960 - 1969
1965
A new business area emerges
pages 22-23
1969
1
Widened customer base and
name change to Lindab
R
pa
pages 26-27
1970 - 1979
13. 1975
Seriously into Western Europe
1982
Growing product range
pages 32-33
pages 36-37
1974
Roof drainage moved to Förslöv
ages 30-31
1978
1986
LINDABsafe is launched
pages 34-35
Circular duct systems take
the lead
pages 40-41
1976
VM-gruppen acquired and
branch system expanded
pages 44-45
1980
1984
Continued expansion
and growth
“OTC” stock exchange listing
and further acquisitions
pages 38-39
pages 42-43
1980 - 1989
1988
Past the billion mark
pages 46-47
14. 1990
1992
1996
1998
200
Lindab AB
Båstad
Business Area
Roofing/wall systems
Lindab Ventilation AB
Båstad
Lindab Ltd
Great Britain
Lindab Nord AB
Boliden
Lindab Steel AB
Båstad
Lindab VM AB
Båstad
Lindab A/S
Norway
Real estate companies
Spiro International S.A.
Switzerland
Lindab Holding A/S
Denmark
Sales company
Lindab Profil AB
Båstad
Ventilation
Lindab Int. Holding B.V.
The Netherlands
Lindab Inc.
USA
Scandev Properties Ltd
Great Britain
Lindab S.A.
France
Lindab GmbH
Germany
Lindab Nova S.A.
Spain
Lindab Sp. z.o.o.
Poland
Lindab S.p.A.
Italy
Lindab Kft.
Hungary
“You can see that they need our
roofs and gutters”
Biggest structural change
so far
Lightweight construction
gathers momentum
pages 48-49
pages 52-53
pages 56-57
1991
Lindab makes early entry
into CEE
1994
Past the half-billion mark in CEE
pages 60-61
Record –
steel price
pages 64-65
1997
1999
Further growth in CEE
Rainline and IT simplify
Lindab goes WYSIWYG
pages 54-55
pages 58-59
pages 62-63
pages 50-51
1990 - 1999
2000 -
15. 2002
2004
2006
2008
for both growth and
es
Reorganization into two business
areas
Lindab returns to the stock
exchange
RdBX – another simple click
solution
5
pages 68-69
Strong products provide
strong development
pages 72-73
pages 76-77
pages 80-81
00
- 2008
2001
2003
2005
2007
Delisting and raising skill levels
Fill the Gap and return of
the former core values
Added steel building power
with Astron
Safe Click – simplifying construction with a single click
pages 70-71
pages 74-75
pages 78-79
pages 66-67
17. Company established
6 February 1959. The winter sun cast its faint glow over
Grevie in southern Sweden as Lage Lindh – salesman,
entrepreneur and visionary – together with Valter Persson
– tinsmith and industrialist – became partners in the newly
formed AB Lidhults Plåtindustri. The name Lindab would not
make an appearance for another 10 years, for the focus then
was entirely on making life easier for builders and homeowners. The mass-produced aluminum strips, windowsills and
barge boards sold well and simplified installation.
Lage continued to travel among Sweden’s timber
merchants, often winning over warehouse managers and
increasing sales. For the most part Lidhults Plåtindustri
continued to be a tinsmith business, both in the traditional
sense, as well as in the form of small-scale manual production of gutters and downpipes which were added by some
timber merchants. Lage started to wonder whether or not
to invest in genuine mass production of these products as
well. Valter was more doubtful, but still believed that Lidhults
“could be a million kronor company if Lage could just hold
on”. The word “Plåtindustri” (sheet metal industry) undoubtedly hinted at such ambitions.
1959
1959
Net sales SEK 400,000 • 18 employees
AB Lidhults Plåtindustri formed on 6 February
Lage Lindh and Valter Persson own 50 % each
2
1
3
Lage Lindh and Valter Persson purchased the premises used by the Skåne
Egg distribution business from Grevie Savings Bank (1). Next, Grevie’s Railway
Hotel (2) and Sven Neborg’s shop (3) were acquired. These premises today form
parts of Lindab’s head office in Grevie.
17
19. The crisis, the solution and expansion
During the autumn and winter of 1960, the production of aluminum
strips and fixtures increased substantially. The stocks were replenished in order to have sufficient levels for when sales were expected
to take-off again in early 1961. Even before the end of the year however, strong frost and wintery conditions arrived in earnest to put
the skids on not just the icy roads, but on sales too. Combined with
the late arrival of spring, Lidhults Plåtindustri experienced an acute
liquidity crisis. Lage travelled to Malmö to meet with angry creditors.
The Banks in Båstad were wary.
Torsten Christiansson, an Ängelholm ironmonger, had great
faith in Lage Lindh however and when he got to hear about the predicament, he underwrote the credit to Lidhults Plåtindustri for the
full amount of SEK 25,000 in steel purchases. Many of the customers, the timber merchants, also got to hear about Lidhults worries
and one by one, they began to show their support by purchasing
and stocking Lidhults products during the long, hard spring. The
money slowly began to roll in with head of finance Regat at creditor Odelberg & Ohlsson declaring to Lage “I believe in you, you can
have whatever you need”, thus saving the day.
During late summer, growth returned in earnest. Liquidity was
restored further through strong sales. Lage and Valter took on more
employees and there was even money for renovating and upgrading the plant. By the end of 1961, semi-industrial mass production
of gutters and downpipes commenced, and the birth of one of
Lindab’s true core products – roof drainage – approached. During
1962, the new production gathered pace and grew so much, that
it moved to temporary premises in Västra Karup, a small village not
far from Grevie. The closed school was used for production with the
former retirement home used for storage. The production of strips
and fixtures remained in Grevie and by the end of 1962, the need to
gather everything under one roof had increased.
1960 - 1969
1960
Net sales SEK 700,000 • 26 employees
Strip and fixture operations evolve
into the main business
1961
Net sales SEK 1.4 m • 28 employees
Cold winter leads to high stock levels
and liquidity crisis
Salvation comes through support
from suppliers and customers
Sales return and expansion follows
1962
Net sales SEK 1.9 m • 31 employees
Manufacture of pipes and guttering increases
The business expands into rented premises
19
21. From sheet metal workshop to
sheet metal industry in two years
In 1963, a major step was taken with the purchase of presses
and tools from the insolvent estate of Karl-Evert Johansson. The
administrator confided to Lage and Valter that Karl-Evert and
his father were extremely knowledgeable within press and production technology, a field that he knew to be an area Lidhults
wished to improve. With that, Karl-Evert and his father were
employed, who then together with Valter, workshop foreman Knut
Zachrisson and Gunnar Eriksson, embarked on something of a
pioneering project to radically improve Lidhults production, something that would soon be seen in the product range.
During the year, bends for roof drainage were launched in
several dimensions and angles. These were warmly received
from customers who saw great value in an extended range. Skills
and knowledge in the company grew and the decision to buy
a Rima machine from Germany was taken unanimously. This
made it possible to produce single gutters and downpipes up to
six metres in length, and since the new products could now be
produced from a single piece of sheet metal, the rust prone lateral seams could be eliminated altogether. Another benefit to the
customer.
The new one-piece products were launched in 1964 together
with a new factory produced guttering bracket, instantly making Lidhults galvanised roof drainage assortment unique in its
breadth and quality. Instead of customers purchasing guttering
and pipes from one supplier, bends from another and brackets
from a third – as had been the only option – everything now existed at Lidhults Plåtindustri.
The transformation from a sheet metal workshop to a sheet
metal industry was complete and in November 1964 the new factory on Ängelholmsvägen in Grevie was officially opened.
1960 - 1969
1963
Presses purchased from insolvent estate
Skills and production technology
improves radically
Pressed bends for roof drainage launched
Rima machine for one-piece lengths purchased
1964
Net sales SEK 3.7 m • 52 employees
One-piece guttering and pipes launched
Brackets launched
Lidhults is alone in being able to offer
a complete range of roof drainage products
New factory on Ängelholmsvagen officially
opens in November
Our wettest delivery was 268 metres
of Rainline to Oddsvik in the Faroe Islands.
There, if it’s not raining it’s snowing.
Lage Lindh expressed it well with the
words “thank heavens for pouring rain”.
A 1963 gathering in the corner between the yellow
house and workshop up in Grevie.
In 1964 Ängelholmsvägen in Grevie takes on a completely
new profile – Lidhults Plåtindustri’s new modern factory.
21
22. lindab
1959 2009
-
1965
One of the first Spiro tube forming machines
producing spiral seamed ventilation ducts on
the production line.
23. A new business area emerges
The new factory on Ängelholmsvägen, by now a small part of
Lindab’s Grevie facility, provided a completely new opportunity for
rationalised and streamlined production. All the new machines were
moved here, a modern facility for hot galvanising was built and for
the first time, Lage was seriously able to realise his ideas about neatness and order. The outcome was both better quality and faster
delivery times, and together with his employees, Lage could promise
customers “continued agreeable business relations”.
This was certainly a great event, but even greater ones lay
ahead. Lage was not just an orderly man, he was also a visionary.
“The conveyance of cold and warm air through prefabricated steel
ducts is the sound of the future,” he declared frankly when he first
made contact with Tor Anders Jensen, son of Erling Jensen who
had invented the Spiro machine for the automatic production of spiral-seam ventilation ducts in the early 1950s. Strangely enough, this
project had started as a post-war project for effective desert irrigation in Africa, but Erling Jensen saw an entirely new possibility for
his machine. Svenska Fläktfabriken were alert and had already purchased one Spiro Tubeformer and Lage knew that with the new factory in place, it was time for a new business area.
Lidhults purchased its first Tubeformer, began test production and
during the year launched an additional factory-made product, Spiro
– spiral-seam ventilation ducts. During 1966 and 1967 there was
rapid development within the ventilation assortment comprising fittings, silencers, dampers and other parts. In this important work,
the experience and knowledge from the pressing and production of
roof drainage was put to good use. A new warehouse was built on
Ängelholmsvägen and all the small irregular stock was scrapped.
Sales began to take-off and Valter’s belief that Lidhults could
become a “million kronor company” had already been realised ten
times over.
1960 - 1969
1965
Net sales SEK 6.5 m • 73 employees
The new factory on Ängelholmsvägen
becomes operational
Neatness and order takes on greater importance
Quality and service are further strengthened
Ventilation added as a business area
Spiro launched
1966
Net sales SEK 7.6 m • 85 employees
Development of ventilation components begins
Experience from roof drainage exploited
1967
Net sales SEK 10.8 m • 100 employees
Spiro now available in more than 20 dimensions
together with more than 40 types of component
New warehouse built
More and more ventilation components such as bends, reducers and
T-pieces are added to Lidhults’ new ventilation assortment.
The new business area is highlighted
in a sales catalogue.
23
25. Scandinavia’s biggest
1968 was the year that Lidhults Plåtindustri had cause to
describe itself as “Scandinavia’s biggest manufacturer of factorymade sheet metal components”. By this time, the company’s roof
drainage and ventilation ranges were so extensive that the word
“complete” began to appear more and more frequently in brochures and printed matter.
In 1968, Lidhults became the first to use seam welding for
both roof drainage bends and duct components. This gave
improved corrosion resistance and tighter tolerances, both of
which were welcomed by both dealers and retail customers. It
was also the year in which competitors launched plastic as a new
roof drainage material. Lidhults evaluated but quickly rejected the
material due to a number of poor properties. One advantage was
found however – plastic roof drainage could be produced in several colours.
Lage contacted Domnarvets Jernverk and suggested experimenting with plastic-coated sheet metal in a limited range of colours. The experiments were successful and Lidhults quickly learn
to produce of tubes and pipes from plastic-coated sheet metal.
To be able to supply brackets, pipe holders and covers, a painting facility was built for applying the Organosol plastic coating.
Sales of both roof drainage and ventilation ranges increased constantly and more and more people were employed.
1960 - 1969
1968
Net sales SEK 13.9 m • 116 employees
Lidhults Plåtindustri is now the biggest manufacturer of sheet metal components in Scandinavia
In order to challenge the new plastic material,
Organosol coated sheet metal starts to be used
within roof drainage
Our most unsuccessful delivery, was
fortunately a trial delivery. The first real
test of the new Lindab Safe happened
to the rebuilding of the Hotel Savoy in
Malmö. Nothing fit, until the next day
when we delivered better dimensioned
duct components. The customer ended
up being highly satisfied and is still
with us.
Duct components in large dimensions were seam welded
together by hand in black sheet-metal which was then galvanised.
The smaller dimensions and bigger volumes on the other hand
were pressed by tools that were developed in-house.
Lidhults Plåtindustri’s newly established company
board assemble for their first meeting.
25
27. Widened customer base and name change to Lindab
1969 became an important new milestone in the company’s history, with both positive and negative signs. Valter Persson died
tragically in an accident. Lage Lindh acquired the family’s shares
and changed the company name to Lindab Lindhs Industri AB.
Lindab had already generated a new group of customers through direct sales to the tinsmiths. In order to drastically
increase volumes in this important new customer group, agreements were signed with the three sheet metal wholesalers
Lindahl & Nermark (later Plåtluna), Famex and Sjömander.
Via these new channels, Lindab was then able to aggressively market the newly developed ventilation system which had
become even wider and more complete. In addition to this came
the plastic coated sheet metal roof drainage system – in the colours black, grey and brown – now launched under the name
Plåtisol. Both the ventilation system and Plåtisol gained rapid
success with the tinsmiths who saw how they could increase
Plåtisol in black, brown and grey attract more and more tinsmiths to Lindab’s
wide range of roof drainage products.
their efficiency and profitability by purchasing prefabricated factory-painted components that were both high in quality and with
a precision that even they could not achieve. It therefore became
increasingly unprofitable for them to manufacture roof drainage
themselves, especially with the market crying out for more and
more installations. In addition, the popularity of Lindab’s circular duct system was permanently on the increase. This made
installation simpler, as did the fact that it was now being stocked
nationwide, an important advantage.
In May of 1969 a further factory building was opened bringing
the total factory area on Ängelholmsvägen in Grevie to 15,000 m2
and by acquiring an additional 100,000 m2 of land from farmer
Fritz Karlsson the route towards expansion opened up fully.
Furthermore, exports began to gather momentum through direct
sales to Denmark, France and others.
1960 - 1969
1969
Net sales SEK 14.7 m • 131 employees
Valter Persson dies
Lage Lindh becomes sole owner
Change of name to Lindab Lindhs Industri AB
Agreement signed with key sheet metal
wholesalers
Sales via wholesalers to tinsmiths increases
rapidly
The new Plåtisol roof drainage system is launched
with plastic coated sheet metal in three colours
The new range of ventilation products now
increasingly complete
Factory expanded to 15,000 m2
Lindab was adopted as the company name
after Lage Lindh acquired all the shares.
27
28. lindab
1959 2009
-
1970
Lage Lindh and Tor Anders Jensen agree that
Spiro Investment will sell Lindab’s ventilation
products in Europe and the United States.
29. Partnership for increased export
In 1970, export initiatives were high on the agenda. Lage reached
an agreement with Tor Anders Jensen for Spiro Investment to
have the responsibility for selling Lindab’s entire ventilation programme outside the Nordic region and in the USA. This meant
that Lindab’s products were now being sold throughout Europe
and the first delivery to the USA took place in May. During the
year, exports reached SEK 4.1 m, and together with strong
growth in productivity, the company reported a healthy profit.
The range of construction strips was enhanced further
through the investment in a new edge machine for profiles measuring up to 6 meters. Within ventilation, the range of product was
supplemented with a new circular silencer.
Lage Lindh’s sensitivity towards the employees and their
well-being was already much discussed. A good working environment and good working conditions spread commitment and
responsibility throughout the company. Together with increasingly
advanced production equipment, this was a key explanation for
the growth in productivity that was now taking place.
During 1971 the Norwegian firm Roald Maskin A/S began selling
Lindab’s Plåtisol along with the ventilation products. In order to
improve the management of sales to Danish customers, which
until then had handled from Grevie, Lindab opened its first foreign
subsidiary, Spirovent A/S, in Denmark.
During 1972 the partnership with Tor Anders Jensen intensified when he became a part owner in Lindab. The new factory
for manufacturing ducts in northern Sweden, Lindab Nord in
Lycksele, opened its doors in March. Lindab Hälsovård (Lindab’s
Health Care Center) was also officially inaugurated on 19 April,
providing all employees with two free doctor’s appointments per
year.
1970 - 1979
1970
Net sales SEK 18.0 m • 152 employees
Agreement with Spiro Investment regarding sales
ventilation products outside the Nordic region
Exports reach SEK 4.1 m
Productivity increases as a result of initiatives in
production technology and staff welfare
1971
Net sales SEK 23.8 m • 156 employees
The first foreign subsidiary, Spirovent in Denmark,
is established
1972
Net sales SEK 28.3 m • 207 employees
Spiro Investment becomes a part owner of Lindab
The factory at Lindab Nord in Lycksele
officially opens
1973
Net sales SEK 54.3 m (18 months) • 239 employees
Productivity increases 35 % on the previous year
The first production robot is installed
Exports reach SEK 9.3 m
Spirovent A/S in Denmark becomes the first foreign subsidiary with
premises at Amager near Kastrup.
A pleasant working environment and strong camaraderie leads
to many enjoyable activities.
29
30. lindab
1959 2009
-
1974
With roof drainage moved to Förslöv, productivity as well as “neatness and order” could be
improved and developed.
31. Roof drainage moved to Förslöv
As sales continuously increased, it became increasingly difficult
to coordinate production of the two business areas under one
roof. The Goodyear factory in Förslöv, close to Lindab in Grevie,
was to be shut down and when Lage was invited to take over the
12,000 m2 premises in 1974 he readily accepted the chance. At
the same time that the production was being moved, new rolling mills for guttering and pipes were also installed to increase
production capacity. These actions contributed further to the
neatness and order that was now spreading ever more rapidly
throughout the business. During the year, the Organosol coating
system was replaced by Plastisol giving the roof drainage products and profiles more durable colour coatings. Something that
pleased the customers as well as Lindab.
Circular duct systems had now become the biggest product
in terms of sales, despite Spiro Investments sales of Lindab ventilation components in Western Europe not doing as well as Lindab
had hoped. It was quite apparent that Spiro Investments were
putting the most effort into selling their own machines.
In Sweden, the Svenska Fläktfabriken had quietly slipped out
a new type of approved duct system using rubber seal duct
components, surprising both Lindab and the market. Lage gave
instructions to the sales manager at ventilation, Carl-Gustaf
Sondén, and factory manager Per-Åke Tuvesson to immediately
begin their own development of this hugely interesting product.
After a challenging and intricate development process, they proposed a solution with dual rubber strips fastened using a steel
band. This represented a much better, more easily assembled
and energy-saving product. Lage Lindh gave his seal of approval
and the development work gathered pace.
During the year the VM-gruppen was added as a new wholesaler after their owner Ulf Moberg called-up Lindab with a very
large and interesting order.
1974 was also the year that a new computer system was put
into service – without punch-cards!
1970 - 1979
1974
Net sales SEK 57.1 m • 255 employees
Production of roof drainage and profiles moves
to the new factory in Förslöv
Plastisol replaces Organosol for coating
Circular duct systems are the biggest product
but Spiro Investments sales in Western Europe
do not match expectations
The Svenska Fläktfabriken launches ducts with
rubber seals. Lindab immediately launches its
own development
The VM-gruppen becomes the 4th wholesaler
of ventilation products
The new factory in Förslöv is equipped with new rolling mills for producing
guttering and pipes, now coated with the durable Plastisol colours.
31
32. lindab
1959 2009
-
1975
The new factory in Haderslev, Jutland brings Lindab
closer to both Danish and European customers.
33. Seriously into Western Europe
In 1975, the partnership between Lindab and Spiro Investment
was dissolved when it became increasingly evident that Lindab
needed to have direct contact with the growing European market in order to strengthen sales of its duct components. Lage
Lindh then bought Spiro Investment out allowing Lindab to take
own control of the development. Carl-Gustaf Sondén was given
the task of travelling around to each of Spiro’s duct customers
in Western Europe and offering them prices and conditions that
created a win-win situation for both parties. The sales dropped
from the split with Spiro were swiftly recovered.
In connection with these events, a decision was made to
take over an existing factory in Haderslev on Jutland, Denmark
in order to begin the production of ducts and hand-made components. Towards the end of the year, Hans-Schmidt Hansen
was employed to head up the Danish and German operations.
In addition, the first management group in Lindab’s history was
formed to coordinate the ever growing company’s sales, production and finances.
Within Lindab, work was also underway to adapt the ventilation
range to the new Eurovent standard which provided a new comprehensive set of dimensions. The development of Lindab’s own
rubber sealed components continued with the launch drawing
near.
During the year the Lindab ventilation distributor VM-gruppen purchased another Lindab distributor, Sjömander. Since
Sjömander was already selling Lindab’s roof drainage programme
and had good knowledge of these products, Lindab’s roof drainage were soon distributed through all VM-gruppen outlets and
sales increased.
In Gothenburg, on the west coast of Sweden, the first Lindab
branch opens. More will follow in the years to come.
1970 - 1979
1975
Net sales SEK 69.8 m • 294 employees
The agreement with Spiro Investment is terminated
and Lindab takes over sales in Western Europe
A new factory is started in Haderslev on Jutland
Adaptation to the Eurovent standard begins
VM-gruppen starts selling Lindab’s roof drainage
The factories in Grevie and Förslöv are extended by
5,000 m2 and 4,000 m2 respectively
The new management group assembles for the first time at “the
CEO’s holiday retreat on Lake Bolmen”.
33
35. LINDABsafe is launched
The annual report for 1976 could finally mention “the new joining system LINDABsafe, consisting of a rubber strip attached to the components which forms a seal with the inside of the tube”. Lindab was
not the first to get there, but with its newly patented Safe system it
had created one of the core products which would greatly contribute
to future growth and provide customers the advantages of easier
installation, tighter systems and, consequently, lower energy consumption. This was also the year that Sweden and other European
countries moved to the new Eurovent standard, and after adjusting
more than 2,000 items, Lindab could now offer tinsmiths and ventilation fitters throughout Europe two duct systems – the rubber sealed
LINDABsafe and traditional, simpler LINDABvent for sealing with tape
and putty.
During the year, there was also a reorganisation where the parent company changed the name to Lindab Ventilation AB and the
Swedish factories became subsidiaries Lindab Plåtisol AB (Förslöv)
and Lindab Nord AB (Lycksele).
In 1977, the development and documentation of the LINDABsafe
programme continued, providing tinsmiths workers and installers
with improved safety and greater confidence in the assembly. Major
efforts were being made to achieve 100 % measurement accuracy,
something that would be an integral part of future development work
right up to the present day. The better the products fit, the better the
final outcome. This was something that both the customers and their
clients were in complete agreement about.
In agreement with Roald Maskin A/S, a Norwegian distribution
company, Lindab opened its own sales offices in Oslo, Norway. The
same happened in Hamburg, Germany. Lindab now had its own
operations in Sweden, Denmark, Germany and Norway.
In the newly built premises in Förslöv a fully automated powder
coating line for guttering brackets was installed. The transition from
paint to powder coating provided substantial environmental benefits.
1970 - 1979
1976
Net sales SEK 91.2 m • 445 employees
LINDABsafe is launched
Ventilation programme adapted to Eurovent
Reorganisation implemented with new
companies formed
1977
Net sales SEK 103.4 m • 506 employees
Development of LINDABsafe continues
Sales office opens in Oslo
Sales office opens in Hamburg
Our most secret delivery was the
Lindab Safe system which was delivered
for the construction of Helsingborg’s
Hospital. The duct system producer, and
one of our main competitors, Svenska
Fläktfabriken was also acting as the
contractor for the delivery. However,
they purchased the duct system from us
instead, since they wanted to offer the
best price and quality!
The new Safe system is tested and
documented meticulously in order to provide
customers with more efficient assembly.
The new powder coating in Förslöv makes production considerably better for the environment.
35
36. lindab
1959 2009
-
1978
With the two new wire welders from Soudronic,
Lindab becomes the first in the world to weld
galvanised ventilation bends automatically.
Both these welders continue to be used today.
37. Growing product range
Plåtisol continued to strengthen its position as the leading roof
drainage system. The double-sided coated steel plate and the
complete product range made Plåtisol an increasingly obvious
choice. A fully automated press line for pipe holders was developed and put into operation. This meant that the pipe holder and
foot could now be produced from one piece, providing a faster
and simpler assembly. In 1979 a new gutter stop end and gutter
joint were introduced with EDM rubber seals.
And in 1978 within ventilation, Lindab presented a unique
technical document for their silencers, which was received well
by the market. Furthermore, the first T-piece branch from a single
piece was launched, which as well as providing air characteristics
with reduced eddy formation also allowed the manufacture in a
single step instead of the thirteen as previously. In 1979, Lindab
also became the first ventilation company to directly weld galvanised sheet metal duct bends using the new Soudronic machines
in Grevie. This gave the range of bends greater tolerances and
improved protection against corrosion A new, fully automated line
for pressing bends increased precision and improved the working
environment.
In Germany, the subsidiary Lindab GmbH was formed
in 1978 and in the following year, a new warehouse opened
in Bargteheide contributing to a continued positive growth in
exports.
1970 - 1979
1978
Net sales SEK 118.6 m • 505 employees
New technical documentation for silencers
The first fully integrated T-piece is launched
Plåtisol continues to develop well
All-in-one pipe holder and foot is launched
Subsidiary Lindab GmbH formed in Germany
1979
Net sales SEK 152.9 m • 532 employees
New gutter stop end and gutter joint launched
The first welded galvanised sheet steel bends
are launched
New warehouse opens in Bargteheide, Germany
Kifab in Olofström, producer of roof drainage
products, is acquired
Sales office and warehouse in Copenhagen
moves to new premises in Hvidovre
A unique technical document for the
range of silencers is very well received
by the market.
The new fully automated line for pressing bend halves into duct halves gives
increased precision and a better working
environment.
Plåtisol continues to strengthen
its position as the leading roof
drainage system in Sweden.
37
38. lindab
1959 2009
-
1980
Hans Schmidt-Hansen, Carl-Gustaf Sondén,
Lage Lindh, Leon Hansson, Jerry Johansson and
Thomas Andersson in front of a Plåtisol wall.
39. Continued expansion and growth
Sales of the LINDABsafe system continued upwards and in
1980, Lindab acquired 40 % of the VM-gruppen, providing an
entirely new form of direct contact with the market and enhanced
opportunities for increased sales. Lindab also truly understood
how much customers valued a nearby service and local stocks
and how this drove sales. Expansion outside Sweden continued
with the formation of the subsidiary Lindab Peltiset AB in Finland,
focusing on roof drainage, and Lindab Ventilation A/S in Norway.
In order to meet the future growth, the Förslöv factory was
extended to 18,000 m2 and the production of guttering brackets
was moved altogether to the newly acquired Kifab in Olofström,
in the south-east of Sweden.
In 1981 there were many new product launches. A range of
new Plåtisol components were launched, including caps, angles
and stops for guttering. Together with adjustable branches and
new hooks, the system grew further. Ventilation advanced with
adjustable dampers and an ingenious measuring bend, providing
the conditions for better and more controlled ventilation.
1981 was also the year that the parent company changed
its name to Lindab AB and Lage Lindh received an award for job
creation activities from the Swedish employment organisation
TRR Trygghetsrådet. Grevie’s Railway Hotel had by now been
rebuilt and was ready to become the Group’s new headquarters.
The Group management had good reasons for being satisfied.
1980 -1989
1980
Net sales SEK 195.3 m • 585 employees
Lindab purchases 40 % of the VM-gruppen
Subsidiary Lindab Peltiset AB is formed in Finland
Subsidiary Lindab Ventilation A/S is formed
in Norway
The factory in Förslöv is expanded to 18,000 m2
1981
Net sales SEK 208.9 m • 576 employees
Several new Plåtisol products are launched
Adjustable dampers and a measuring bend
are launched
“The Hotel” is officially opened as the new
head office
Lage Lindh receives award from TRR
In 1981 Lindab adopted the logo that is still used today.
Our most unusual delivery, or rather
the most unusual assembly carried out
by a customer, was the installation of an
extensive Rainline system on a major
housing development in Spain. The client had a team of mountaineers fit all
the pipes and guttering on the six-storey
houses. Simplifying construction even
without scaffolding.
During 1981 the key product ranges were broadened with new
innovative products.
39
40. lindab
1959 2009
-
1982
The VM-gruppen’s head office and warehouse in
Johanneshov, Stockholm is now part of Lindab’s
increasingly expanded distribution network.
41. VM-gruppen acquired and branch system expanded
In early 1982, the distributor Plåtluna decided to leave the partnership with Lindab. Lindab responded quickly by acquiring the
entire VM-gruppen. This meant increasing the number of branches from 6 to 13 and by launching its own lorry door-to-door delivery system, Lindab’s volumes increase. A new distribution strategy was formulated with local presence and intensified customer
contact at the top of the list, advancing the positions towards the
tinsmiths and installers another step.
When Lindab also launched the long awaited red Plåtisol
coating, along with a whole new range of products – roofing
and profiled sheeting – this contributed yet further to the sales
increase of 48 % that took place during the year.
The export markets grew steadily and in 1983, warehouses
and manufacturing were built in both Neumarkt in Germany
and Milton Keynes in the UK. The branch system grew rapidly
throughout the Nordic region with new the new flagship branch in
Jönköping, Sweden.
1980 - 1989
1982
Net sales SEK 311.2 m • 684 employees
Remainder of VM-gruppen acquired
Expanded branch network and new freight system
Red Plåtisol and profiled sheeting launched
Haderslev doubles its production surface
1983
Net sales SEK 378.6 m • 663 employees
Subsidiary Lindab Ltd is formed in the UK
Expanded manufacturing/warehouses in
Germany and the UK
New branches in Sweden, Norway, Denmark
and Finland
Red Plåtisol and a completely new assortment of roofing and profiled
sheeting are among the interesting product launches.
The VM-gruppen’s sales offices and warehouses
strengthen Lindab’s ever growing branch system.
41
43. “OTC” stock exchange listing and further acquisitions
The futuristic cover of the annual report (opposite page) in 1984
indicates that it was a significant year, as well as signaling the beginning of a future-oriented era. Quotation on the Stockholm Stock
Exchange’s OTC list provided new capital and a broader ownership,
while acquisitions increase Lindab’s range and distribution network.
The OTC prospectus referred to Lindab and its “complete systems,
local services and distribution, easily installed, quality products and
continuous product development.” This was a description of Lindab
which, even then, was well recognised. During the year, the business
was divided up into two business areas for the first time – ventilation
and roofing/wall systems.
49 % of Meko AB in Sweden was acquired, consisting of six
stores for the sale of the profiled sheeting and complete warehouses, with the remainder acquired the following year. Riscanco A/S,
the Danish developer and manufacturer of air diffusers, was also
acquired. Their expertise in project planning and design of diffusers and grilles, plus a fully-owned air laboratory, meant that Lindab’s
customers were now able to meet the increasing demands on indoor
climate even better.
In 1984 Carl-Gustaf Sondén took over as President and Lage Lindh
took the role of CEO.
The launch of Corrulett roofing profiles and an extensive program
for roof safety further strengthened Lindab’s position in the market.
When five new Plåtisol colours were unveiled at the Malmö Exhibition
& Convention Centre in 1985, Lindab described itself as “the complete provider.” The new range was extremely well received.
In 1985 the VM-gruppen changed name to Lindab VM and
Lindab was by now present in 40 locations in the Nordic region,
Germany and the UK.
1980 - 1989
1984
Net sales SEK 422 m • 674 employees
Quotation on the Stockholm Stock Exchange’s
OTC list
49 % of Meko AB acquired (the remaining share
in 1985)
Riscanco A/S in Denmark acquired
Corrulett roofing profiles launched
Roof safety programme launched
Two business areas: ventilation and roofing/
wall systems
Carl-Gustaf Sondén becomes President
1985
Net sales SEK 502 m • 751 employees
Five new Plåtisol colours presented
The VM-gruppen changes its name to Lindab VM
Lindab now present in 40 locations throughout
Europe
Our widest delivery was for the giant
warehouse roof of car accessory wholesaler Biltema in Halmstad. Lindab’s
LTP115 High Profile can be found there
covering a surface equivalent to eight
entire football pitches. Inside the building is a Lindab Safe duct system which
is no less impressive.
Riscanco’s range of diffusers and
grilles were the first among the product
range for indoor climate solutions that
came to be developed.
An ever greater presence on the market and continual product launches strengthened
Lindab’s position as “the complete provider”.
43
44. lindab
1959 2009
-
1986
Simplified, rapid assembly with a tight and
energy-efficient results meant that Lindab Safe
grew steadily in more and more markets.
45. Circular duct systems take the lead
With 48 % of sales, circular ducts now comprise the Group’s
single most important product. It is also the product that had
grown the most in terms of exports. But the roofing/wall system
business area was being anything but idle and it launched the
company’s first steel partition wall stud. Admittedly this was done
relatively quietly since the marketing was done exclusively through
the plaster manufacturer Danogips, but in time this would prove
to be the forerunner of a new, rapidly growing light construction
technology.
Production was expanded in both Haderslev and at Riscanco
in Farum, and in Grevie the construction of a new press hall got
underway. Since all processing was now being done directly in
hot-dip galvanised steel sheet, the galvanising plant in Grevie
could be closed in 1987, therefore reducing the environmental
impact.
1986 was Lindab’s strongest year to date in terms of profit.
One of the explanations for this was that Lindab’s entrepreneurial
organisation was able to make quick decisions and respond
effectively to the needs and wishes of customers and the market.
The development of production technology was always high on the list
of priorities. Increased automation and the use of plasma cutting meant
ever greater precision and improved quality.
The demands for improved working environments and even simpler assembly were increasing, resulting in all ventilation components from 1987 being produced with reinforced rims. This not
only gave a not so sharp and sturdier edge to all components,
but also an improved tightness. 20 years later, this change would
prove to be significant in the development of the new, groundbreaking Safe Click system.
In France, Lindab acquired the ventilation distributor
Aerotechnique SARL, stepping into yet another European market.
Roofing/wall systems made additional launches within lightweight construction with the new Z and C beams.
1980 - 1989
1986
Net sales SEK 632 m • 872 employees
Circular dust systems are now the biggest product
The first steel partition wall stud is launched
Factories in Haderslev and Farum are extended
Construction of a new press hall in Grevie begins
1987
Net sales SEK 778 m • 1,029 employees
Reinforced rims on all fittings
Z and C beams are launched
Aerotechnique SARL in France is acquired
Galvanization in Grevie is halted
The new computer centre (formerly Sven
Neborg’s shop, see page 17) was opened,
becoming the focal point of the internal computer-based business systems. Today it is the
headquarters of business area Ventilation.
45
47. Past the billion mark
In 1988, Lindab was one of the leading companies in Europe within
both of its business areas. More than 5,000 products. Its own sales
and manufacturing companies in 66 locations throughout seven
countries. Steel purchases of more than 85,000 tonnes with net
sales passing the one billion mark, figures that Lage Lindh and his
colleagues from the early day could never have even dreamed of.
Lindab Steel was formed and became the hub for the Group’s
slitting and cutting of sheet metal. In June, 700 guests were invited
to the grand opening of the “factory of the 90s”, the new and highly
automated press hall in Grevie with driverless trucks, under floor
collection of sheet metal spill, and computer consoles in every
direction. Haderslev and Farum were also extended once again
and Lage Lindh, who had by then become the active Chairman,
was awarded the Albert Bonniers prize for businessman of the year
in Sweden.
President Carl-Gustaf Sondén was also appointed the CEO.
Steel halls were introduced in 1989 as a separate product area and
Lindab’s lightweight construction was increasingly highlighted as a
remedy for the problem of “sick housing”. Lindab Plåtisol increased
the production of steel studs, steel battens and beams.
The production units for the ventilation business area in
Northampton, Oslo and Helsinki were extended and Lindab’s production system was already proving to be a successful blend of
centralised and local production.
During the year, a world-changing event occurred that would
prove to be extremely important for Lindab during the next decade.
The “iron curtain” separating east and west Europe came down.
1980 - 1989
1988
Net sales SEK 1,053 m • 1,304 employees
Billion mark is passed
One of the leading companies in Europe in its
respective industries
Lindab Steel formed and takes on the responsibility for the Group’s metal processing
The 5,000 m2 press hall in Grevie is opened
The factories in Haderslev and Farum are
extended once again
Carl-Gustaf Sondén named CEO
Lage Lindh receives businessman of the
year award
1989
Net sales SEK 1,344 m • 1,538 employees
Steel halls introduced as a new product area
Lindab Plåtisol increases the production of steel
studs, steel battens and lightweight beams
New factories built in Northampton, UK, Oslo,
Norway and Helsinki, Finland
Our strangest delivery was a duct
system for the roof of a child’s playhouse in Stockholm. It wound like a
giant snake on the roof and was nothing
more than an artistic decoration.
Lindab’s business grows steadily, both geographically and product wise.
New press hall in Grevie officially opens.
47
48. lindab
1959 2009
-
1990
Steel studs and some profiled sheeting start
to be produced at the new stud hall in Förslöv,
shortening delivery times.
49. “You can see that they need our roofs and gutters”
At the start of the 1990s, Carl-Gustaf Sondén described how
“Lindab’s origins, the roofing/wall system business area, have
enjoyed limited export success in Europe, but trends towards
greater proportions of steel in construction and negative experiences of plastic are now creating new opportunities for the
Group’s roofing/wall products”.
For the first time, the potential for roofing/wallsystems was
seen as substantially greater than for ventilation, and a series of
“roofing/wall events” followed in quick succession. Lindab Plåtisol
in Förslöv changed its name to Lindab Profil and through the
acquisition of three Danish companies within profiled sheeting,
industrial doors and distribution, Lindab Profil A/S was created in
Denmark. The production of partition wall studs was brought into
the new 4,000 m2 stud hall in Förslöv, where the newly launched
exterior wall studs were being produced. Not only studs, one
other new product, the Lindab’s tile effect roofing was also produced there. Plus the steadily growing production of high-profile
sheeting, which enabled Lindab to offer the market a range of
products for spanning large open spaces thus providing simplified
assembly.
The newly formed Lindab Profil A/S in Denmark became the
first bridge-head into the European roofing/wall market that was
Lindab Tile Effect Roofing, exterior wall studs and high-profile
sheeting were new products from the roofing/wall system business
area that were very positively received among building contractors
and hall constructors.
opening wide after the fall of the iron curtain. But further bridgeheads would follow.
As a teenager growing up in Båstad, Peter Andsberg had
worked at Lindab during the summer holidays a few years earlier.
Down in Båstad one day in early summer, he happened to meet
Lage Lindh who told him that he had been invited to Hungary
and wondered whether Peter, whom he knew spoke fluent
Hungarian, would like to make the journey with him. He accepted
the invitation and they were joined on the trip by Carl-Gustaf
Sondén, Erling Pålsson from Totalinstallatören along with their
host, the artist Gustav Kraitz.
The day before the journey home, and impressed by the
activity in Budapest, Lage announced frankly “CG, we need
to start up over here, and Peter can take care of it”. When the
Lindab jet took-off a few hours later from the airport in Budapest,
Erling Pålsson, who along with the rest of the group realised that
Lage was being completely serious, asked “shouldn’t you do
some market research first?”. Lage Lindh’s answer was as quick
as a flash as he pointed out of the plane window. “But just look
at all those rooftops! They obviously need our profiles and guttering.” A few months later, Peter Andsberg was employed at Lindab
with the task of establishing Lindab in Hungary.
1990 - 1999
1990
Net sales SEK 1,758 m • 1,746 employees
European investment in roofing/wall systems
introduced
Lindab Plåtisol AB changes name to Lindab
Profil AB
Three Danish acquisitions form Lindab Profil A/S
Dicksson acquired and acoustic studs are added
New profile hall in Förslöv opens
Lindab Tile Effect Roofing is launched
Exterior wall studs are launched
Doors are added as a product area
Lage Lindh receives Order of the Seraphim from
His Royal Majesty Carl Gustaf
Lage Lindh receives an honorary fellowship
from the Federation of Tinsmiths
Peter Andsberg is employed to build up the
business in Hungary
The ventilation business area, which was already
well established in the key western European markets,
accounted for 60 % of sales, but roofing/wall systems
was growing faster.
49
50. lindab
1959 2009
-
1991
Lage Lindh completes his life’s work at Lindab,
after 32 years of innovation and motivational
leadership.
51. Lindab makes early entry into CEE
1991 was the year that Lage Lindh left Lindab. After more than
32 years as the driving force and the man behind Lindab’s transformation from a small sheet metal business to a leading provider
of ventilation and roofing/wall systems, he sold his majority stake
in the in the company and left in the autumn. An era had come to
an end, but the spirit he created and the ideas behind Lindab’s
development would live on.
A consortium consisting of Carl-Gustaf Sondén, Hans
Schmidt-Hansen and four Danish institutional investors took control of Lindab and contributed to floating Lindab’s shares on the
stock exchanges in Stockholm and Copenhagen on October 22.
The change of ownership however did not change the senior
management structure. Carl-Gustaf Sondén and Hans SchmidtHansen in their posts at the head office, which remained in
Grevie.
Following the change of ownership and the stock exchange
listing, there was a focus on core activities within the ventilation
and roofing/wall systems business areas. Increased environmental requirements in Europe were considered beneficial to
the development of ventilation, while the need for better construction standards in the former Eastern bloc countries offered
new opportunities for the roofing/wall systems. The recession in
Sweden, Norway, Finland and the UK resulted in falling sales, but
it also contributed to new efforts in a number of new markets in
both Western and Eastern Europe.
Lindab’s close work with clients and architects within the air
technology product area had led to a wide component range of
silencers, dampers, air diffusers, etc. All this was now assembled
under Lindab Comfort range of products, and tests and full-scale
experiments at the air laboratory in Farum became more and
more frequent.
By the end of the year, new subsidiaries had been created or
additional units formed in Italy, France, Germany and Hungary.
Just arrived in Hungary, Peter Andsberg began setting up the
first small sales office, analyzing the market and searching for
land and premises. More than 50 % of sales were now outside of
Sweden and the CEE soon became an abbreviation which would
come to be widely used in connection with Lindab. The international footprint was growing larger.
1990 - 1999
1991
Net sales SEK 1,678 m • 1,746 employees
In December, Lage Lindh sells his majority stake
in Lindab and resigns from the board
A consortium including Carl-Gustaf Sondén,
Hans Schmidt-Hansen and four Danish
institutional investors take over
Recession reduces sales
All air technology is gathered under the
Lindab Comfort product range
Steel halls develop well
Subsidiary Lindab Kft. formed in Hungary
Subsidiary Lindab S.p.A. formed in Italy
Subsidiary Lindab Profil GmbH formed
in Germany
Our longest delivery in “transport
length” must have been there 300 m
plus train that delivered the now discontinued “Sparrör” from Lindab in Boliden
to a motorway project in southern
Sweden.
Carl-Gustaf Sondén, President and CEO of Lindab AB, Hans
Schmidt-Hansen, Vice President and Managing Director of Lindab A/S
Danmark, as well as Chairman of the Board Hans Cavalli-Björkman
were some of the key members of the management.
Lindab’s sales of steel halls, which was done through Lindab
Meko and its branches, increased both at home and abroad.
During the year approximately 400 steel halls were sold.
51
52. lindab
1959 - 2009
Lindab AB
Båstad
Business Area
Roofing/wall systems
Lindab Ventilation AB
Båstad
Lindab Ltd
Great Britain
Lindab Nord AB
Boliden
Lindab VM AB
Båstad
Lindab Int. Holding B.V.
The Netherlands
Spiro International S.A.
Switzerland
Lindab Holding A/S
Denmark
Real estate companies
Lindab A/S
Norway
Lindab Steel AB
Båstad
Sales company
Lindab Profil AB
Båstad
Ventilation
Lindab Inc.
USA
Scandev Properties Ltd
Great Britain
Lindab S.A.
France
Lindab GmbH
Germany
Lindab Nova S.A.
Spain
Lindab Sp. z.o.o.
Poland
Lindab S.p.A.
Italy
Lindab Kft.
Hungary
1992
In 1992, Carl-Gustaf Sondén, Lindab’s Group
management and the Board take a number of
important strategic decisions that will prove decisive for Lindab for many years to come.
53. Biggest structural change so far
The annual report for the year began with the words “1992 was
an eventful year in the history of Lindab”. It is hard to disagree.
During the spring – in the midst of a worsening recession particularly in the Nordic region – Lindab’s biggest structural change
thus far began. Through several acquisitions, capacity adjustment
and a streamlining of the strategy, Lindab strengthened its position as market leader. Sales increased, despite the recession, but
profits deteriorated.
The markets in Sweden, Finland and Britain continued to fall
away, while Norway, Germany and most other markets developed well despite everything. In Poland and the USA, new subsidiaries were formed and the one-year old company in Hungary
completed its introductory phase in 1992.
In the early summer of 1992, parts of Lindab’s organisation
were preparing for a number of expected structural acquisitions.
These acquisition activities played an important part in defending Lindab’s sales at a time when many of our markets were in
recession. On 1 May, Lindab acquired the ventilation company
Rannila A/S on Jutland, transferring the manufacturing to the factory in Haderslev. Rannila’s facilities in Jels are then made into the
center of business area roofing/wall systems Danish operations.
On 1 July, Stifab Plåt AB in Boliden is acquired. Their manufacturing of duct systems is transferred to Lindab Nord whose
operations are moved from Lycksele to Boliden. Their focus now
becomes rectangular ducting since all circular are moved to the
Grevie factory. The very same day, the wholesaler Plåtluna AB
and roof drainage manufacturer Plånyl AB were also acquired.
Parts of Plåtluna were incorporated into Lindab VM, and during
the next six months Plånyl’s operations were moved to Förslöv. 1
September, the Swiss publicly listed company Spiro International
was finally acquired. Spiro’s production of duct components
was gradually moved to Grevie and Haderslev, and with the new
machine programme, Lindab could offer a new partnership concept for partners who wanted to buy both machinery and parts.
In 1965, Lindab purchased the first Tubeformer, now it bought
the entire company. The circle was complete.
The events regarding the start up in Hungary deserve a slight
digression. Following his training period, Peter Andsberg had
got a good grip of Lindab’s activities and the decision was taken
that Lindab would make its Hungary introduction proper at a
construction fair in Budapest. Large enticing adverts with 49 %
introductory discounts created lengthy queues to the stand and
order after order was taken during the ten days of the fair. All
customers left deposits, and when the fair was over, more than
SEK 400,000 of Plåtisol and Lindab Tile Effect Roofing had been
sold.
Inadequate phone lines made faxing the orders to Förslöv
impossible. Peter had to read all the orders over the telephone
and when the deliveries reached the hired outdoor storage a
few weeks later, not only had the letters of all the Hungarian
names been wrongly spelled, a heavy downpour the previous
day had dissolved the ink on the packaging labels and making
them virtually illegible. The irritation among the customers who
had gathered to collect their deliveries quickly almost threatened
to spill over. Peter asked his assistants to go and buy “a ton of
Wienerschnitzel, french fries and 5 containers of red wine”, upon
which he cheerfully declared “let’s all have a spot of lunch”. The
food and wine rapidly cooled things down, and with everybody
full and content, all the packages were calmly identified and the
satisfied customers returned home happily with their new Lindab
products. On 17 October, Lindab’s 1,200 m2 factory in Biatorbágy
outside Budapest was officially opened, marking the beginning of
the expansion into the CEE.
In 1993 there was an economic recovery with increased
sales and improved profits. A new subsidiary was formed in the
Czech Republic, where along with Poland and Hungary, there
was a strong growth in sales.
1990 - 1999
1992
Net sales SEK 1,791 m • 1,705 employees
Lindab’s biggest structural change so far
Subsidiary Lindab Inc. formed in the USA
Subsidiary Lindab Sp. z.o.o. formed in Poland
Stifab Plåt AB acquired into Lindab Nord
Plåtluna AB acquired and partly incorporated
into Lindab VM
Plånyl AB acquired into Lindab Profil
Rannila A/S acquired and incorporated into
Lindab Ventilation A/S
Spiro International acquired and production of
components moved to Grevie and Haderslev
Factory in Biatorbágy, Hungary opens
1993
Net sales SEK 2,090 m • 1,747 employees
Sales develop strongly in CEE
Improved economic situation following 1992’s
restructuring
Subsidiary Lindab s.r.o. formed in Czech Republic
53
54. lindab
1959 2009
-
1994
Budapest’s new banknote printworks is one of
thousands of buildings in the CEE to receive
new roofing and guttering from Lindab.
55. Further growth in CEE
The delivery of 5,000 m2 of Lindab Tile Effect Roofing and Plåtisol
roof drainage to the renovated banknote printworks in Budapest
signaled not only the large volume increases in Hungary and the
CEE, but were also be seen as a good illustration that Lindab
was having its best year in the Group’s history thus far. The roofing/wall systems business area changed its name to the Profile
business area.
Steel was increasingly highlighted as a material with constantly improving quality and with a natural and environmentally
friendly life cycle. As environmental matters came increasingly into
focus, work to adapt the major production units to the ISO 14000
environmental certification system got underway. The majority of
these units were already certified under the ISO 9001 or 9002
quality assurance systems, which also contributed to Lindab
being seen as an increasingly safer and more secure business
partner and supplier.
Lindab’s early toe hold in markets such as Hungary, Poland
and the Czech Republic not only gave good sales volumes, it
also provided a unique opportunity for Lindab to influence the
local building standards that were starting to be established. In
Romania another new subsidiary was formed, also within the
Profile business area. A new 5,000 m2 production hall in Förslöv
producing profiled sheeting reduced delivery times.
Many of the new contacts being created in the CEE consisted of
small businesses whose owners had previously worked for one
of the state companies that went bankrupt after the collapse of
communism. These companies would become fundamentally
important for future developments in CEE and, together with
Lindab, they soon grew ever larger.
The Ventilation business area was also witnessing increased
activity across Europe and the more stringent demands on the
indoor environment was seen to strengthen the business area’s
position, especially in Western Europe. In Europe, Sweden and
Denmark continued to lead the way in terms of standards for ventilation, and the new Danish standard DS 474 and the Swedish
government’s initiatives within improved indoor climate in public
places was reflected in the order books.
In 1995, positive growth continued with the Nordic region
and Germany as the Group’s geographical focus, but CEE was
now described as the significant future growth market. A sales
office was opened in Croatia, and in Poland and the Czech
Republic, the manufacturing capacity was expanded.
1990 - 1999
1994
Net sales SEK 2,308 m • 1,839 employees
CEE sales continue to grow
Roofing/wall system becomes Profile
Environmental certification according to ISO 14000
of the larger production units begins and certification according to ISO 9001 and 9002 quality assurance systems follow shortly afterwards
Subsidiary Lindab Constructii SRL formed in
Romania
New production hall for profiled sheeting in Förslöv
1995
Net sales SEK 2,556 m • 2,009 employees
CEE and the USA are identified as growth markets
Sales office opens in Croatia
Increased production capacity in Poland and
Czech Republic
Our most “bacteria-free” delivery
was probably the stainless duct system
delivered to the National Bacteriological
Institute’s high-risk laboratory. “Not one
molecule is allowed, whether they have
been invited or not.”
Lindab’s slotted exterior wall studs provided a better
U-value than timber studs. Straight, factory created lengths
and the beginning of a more industrial construction intensified the interest in Lindab’s exterior wall studs.
55
56. lindab
1959 2009
-
1996
Peter Andsberg, Lindab’s CEE manager, and
Hans Larsson, responsible for lightweight construction technology at Lindab explain and talk
about all the benefits of technology to a group
of visiting Romanian contractors.
57. Lightweight construction gathers momentum
Despite a declining overall market for ventilation products in
Sweden, the Ventilation business area strengthened its position
in the domestic market resulting in increased market shares. The
Lindab Safe product range was continually growing and during the year, a stainless steel version was added which satisfied
increasing demands on hygiene within for example the pharmaceutical and food industries. Rectangular silencers with circular
connections were launched and Lindab’s range of easily assembled and tighter duct systems gained ground in many markets.
The acquisition of ventilation company, Ventlandia Oy in
Finland, increased the share of the market in Finland as well as
exports to Eastern Europe. The acquisition of Swiss machine
producer Suter AG’s machine division, as well as the purchase
of patents and “know-how” from Spiral-Helix Inc. gave Lindab
a world leading position as manufacturer and supplier of Spiro
machines and other equipment for the manufacture of circular
duct systems. In the rectangular USA market, Lindab Inc. continued in its efforts to convince about the advantages of the circular
systems and sales climbed.
The CEE’s growth remained strong and the Profile business
area noted successful sales in all of its operational markets. New
European standards were adopted for guttering, downpipes and
brackets, paving the way for Lindab’s roof drainage system into
new markets.
Within the area that had come to be known as lightweight
construction technology, more and more was starting to happen. In the USA 80,000 houses were built using this sound, easily
assembled technology. In Sweden the Swedish Institute of Steel
Construction placed the issue high on its agenda and Lindab was
launching new products in the area all the time. It had been noted
that future residential customers needed better soundproofing
and Lindab presented a new acoustic partition wall stud with a
very good sound insulation properties. Besides that, the first CAD
programmes for integrated project planning and production started to arrive. Lindab was a part of these new development that
would soon lead to a long-awaited improvement in the efficiency
and quality of the construction process.
1990 - 1999
1996
Net sales SEK 2,610 m • 2,106 employees
Strengthening market share for Ventilation in
Sweden
Continued strong growth for Profile in the CEE
New European standard for roof drainage introduced
Lightweight construction technology now advancing
strongly
Finnish ventilation company Ventlandia Oy
acquired
Swiss machine producer Suter AG’s
machinery production acquired
Patents and “know-how” acquired from Spiral-Helix
Stainless steel Lindab Safe launched
Rectangular silencers with circular
connections are launched
New improved acoustic stud launched
Our smallest delivery was Lindab
Tile Effect Roofing for Fido’s kennel.
His master chose red and could be content with a single sheet.
Prefabricated roof sections constructed using
Lindab’s new lightweight construction technology is
lifted into place at the Nightingale block in Ängelholm.
A quicker, more efficient and drier construction process was making its introduction.
57
59. Rainline and IT simplify
At the beginning of the 1980s, Lindab introduced a range of new
products and solutions in its roof drainage programme. After a
decade of relatively modest development within this field, it was
time once again for some major product development. Since
simpler assembly had become an increasingly important ingredient in Lindab’s solutions, it also spearheaded the development
of the new Rainline concept launched at the Nordbygg fair the
following year. Hooks, pipe holders and covers were now fitted
with a snap-lock making assembly “so simple that anyone can fit
them”, as one of the visitors to Lindab’s stand put it.
Within lightweight construction technology, Lindab also
launched some interesting “soft” innovations, namely IT software for the project planning of roofing beams and construction,
making life for the building contractor and designer much easier.
Within the Ventilation business area there was perhaps an even
more interesting turn of events when Lindab acquired a software
company specialising in user-friendly and smart CAD software
for the design of duct systems. The future IT programme, Lindab
CADvent would soon come to make a major impact.
1997 was also the year in which both business areas had a presence in the CEE markets for the first time. In Poland and the
Czech Republic, production and marketing began of the Group’s
ventilation products and across the Atlantic – in the USA – a new
factory went into operation doubling the production capacity
there. In addition, a new modern duct manufacturing facility was
opened in Grevie.
Lindab’s marketing increasingly highlighted the advantages of
circular duct systems. This was in order to speed up the switch
from the more material intensive, hard to assemble and inefficient
rectangular systems.
New subsidiaries were started in St. Petersburg, Russia and
in Zagreb, Croatia. By now, Lindab had a presence in 101 locations in 18 countries with it own subsidiaries, factories, branches
and sales offices.
1990 - 1999
1997
Net sales SEK 3,017 m • 2,325 employees
The Rainline concept ready for launch
IT software for lightweight construction is launched
Software company acquired and IT software
VentCAD launched
Subsidiary ZAO Lindab formed in Russia
Subsidiary Lindab d.o.o. formed in Croatia
New factory for Ventilation built in Poland and
Czech Republic
Ventilation business area now present in CEE
Factory in USA doubles its capacity
New modernised facility for duct production
opens in Grevie
Sweden 27 % (32)
Denmark 16 % (17)
Norway 12 % (11)
Germany 14 % (14)
CEE 11 % (9)
Other countries 20 % (17)
Lindab’s share of sales outside the Nordic region and Western
Europe was now increasing year after year. Previous year in brackets.
“Snäppet” became the nickname for Lindab’s
new roof drainage concept Rainline, where many
of the components could easily be “snapped” into
place along the guttering and pipes.
59
60. lindab
1959 2009
-
1998
Lindab’s new IT tools play an increasingly important role in the industrialisation of the building
process. Quicker, safer, more secure and more
economical are convincing arguments.
61. Past the half-billion mark in CEE
All relationship-building, all the marketing and all the training initiative in Hungary, Romania, the Czech Republic and other CEE
markets were now yielding hefty dividend. During 1998, sales in
the CEE reached over half a billion SEK and the region was designated a priority market.
When Peter Andsberg planted the first Lindab flag in Hungary
in 1991, he said a small prayer every night asking that Lindab’s
sales there would one day reach SEK 40 million. That was the
same as the sales for the then largest branch in Sweden, Lindab
VM in Jönköping. His prayers were answered.
Sales offices opened in Kiev, Ukraine; Talinn, Estonia and in
Sarajevo. The Russian Group company was closed however due
to difficulties in effectively operating the business during the 1998
crisis there. Instead, deliveries to Russia would be made as direct
deliveries to customers and to new partners with Swedish interests that had a presence in Russia.
In 1998, Lindab’s IT centre was established for development,
support and training of the new Lindab range of tools for design,
quantifying and calculation that was starting to emerge. In particular, development continued of the VentCAD tool, which would
soon to be renamed CADvent.
During the year, Lindab Safe would be categorised as tightness class D, far beyond what a non-rubber sealed installation
achieved, enabling Lindab’s flagship within duct systems to pronounce its energy saving credentials and top the league in terms
of airtightness. Lindab Comfort launched a new diffuser with
individually adjustable nozzles allowing distribution patterns to be
adapted to the room’s requirements. Comfortable indoor climate
was increasingly nearing reality.
At Lindab in Grevie, improvement ideas from all staff members were thriving and Lindab Ventilation was named Sweden’s
most innovative company with Lindab Steel in a very respectable
3rd place. The commitment and participation which was forged
by Lage Lindh remained as strong as ever, resulting in improvements and saving millions.
1990 - 1999
1998
Net sales SEK 3,300 m • 2,655 employees
Sales in the CEE reach SEK 500 m
Lindab establishes its own IT centre and invests
in the development of new IT tools for both
ventilation and lightweight construction
Lindab Safe, certified in tightness class D, is the
market’s leader for tightness and energy efficiency
Lindab Comfort launches adjustable diffusers
Lindab Ventilation in Grevie is named Sweden’s
most innovative company
Sales office opens in Belgium
Sales office opens in Ukraine
Sales office opens in Estonia
Sales office opens in Sarajevo
The facilities at Lindab Steel, Lindab Denmark and
Lindab Helsinki are extended
Training on how best to fit and use Lindab’s product for an efficient installation became an important
part of efforts in the CEE and the rest of Europe.
61
62. lindab
1959 2009
-
1999
What You See Is What You Get – Lindab’s
new IT tools increases quality and security in
project planning.
63. Lindab goes WYSIWYG
In 1999 Lindab IT line was launched, a product range and toolbox filled with IT tools for designing, quantifying, and analysis.
Ventilation installers and consultants now had access to programmes such as CADvent, DIMcomfort and DIMsilencer and
were able to draw and design duct systems quickly and easily,
adding diffusers and silencers, and even calculating the pressure loss and sound levels. Building contractors and designers
could plan and design more and more lightweight construction
solutions through Lindab’s new IT initiatives. With everything in
3D and product dimensions and parameters downloadable from
Lindab’s product database, everything that could be drawn could
be installed. WYSIWYG – What You See Is What You Get – had
reached Lindab.
Lindab’s customers continued to be tinsmiths, builders, DIY
customers and ventilation installers, but through the promotion of new IT tools, Lindab’s sales teams could increase their
efforts towards what are known as the prescribers – consultants,
designers and architects. These are the professionals who design
and draw factories and buildings and through their involvement
at early stages in the process, could increase Lindab’s chances
of having its products recommended. Lindab’s efforts with these
new IT tools contribute to increased industrialisation and modernisation of building processes.
In Farum, a major expansion of Lindab’s audio laboratory was
made, with the facility becoming one of the leaders in its field.
The number of full scale experiments here increased, something
that would have a clear impact on the increased sales of Lindab’s
various Comfort solutions.
During the year, the Profile business area launched a new
garage door, the new, easily assembled roof programme Topline
Handy and a new improved acoustic stud, RdB. The continuous
pace of innovation was validated by the 30 patents filed that year.
The Ventilation business unit was introduced in Hungary and
Lindab increasingly spread its preengineered, efficient and environmentally friendly product solutions. In Switzerland, Germany,
Belgium, the UK and the USA, the business area completed five
important acquisitions that strengthened both the distribution
network and the product range.
Within both business areas, Lindab continued to lead the
industrialisation of the branches which had previously been done
“by hand” and Carl-Gustaf Sondén saw how the strategy of
“being close to the customer and putting him in the centre” was
just as true as ever. Lindab’s simplifying construction continued
tirelessly.
1990 - 1999
1999
Net sales SEK 3,569 m • 2,655 employees
Lindab IT line launched with CADvent, DIMcomfort,
DIMsilencer and DIMhood
Initiatives aimed at prescribers – consultants,
designers and architects – intensifies
The acoustic laboratory in Farum is extended
to become one of the leaders in its field
New garage door launched
Lindab Topline Handy, easily mounted roof profile,
is launched
RdB, new acoustic stud, is launched
Ventilation business area introduced in Hungary
Company acquisitions in five countries
strengthens Ventilation
Subsidiary Lindab Door formed in
the Netherlands
Our most misunderstood delivery
was the first delivery of Lindab Safe to
an installer in England. The installer did
not quite understand what the double
rubber seal was for, pulling it off all the
components to reveal a great “track” to
put glue along. After some instructions
from Lindab, however, the Englishman
decided that the products was very
much his “cup of tea”.
The substantially expanded acoustics laboratory
in Farum provided the conditions for advanced product development, but also the perfect opportunity for
sales-driven full-scale experiments.
Lindab Doorline was the new anti-crush and
well insulated garage door from Lindab.
63
64. lindab
1959 2009
-
2000
A satisfied CEO, Carl-Gustaf Sondén, is
delighted with Lindab’s record growth. A result
of a very successful business model and a
constant focus on customer needs.
65. Record – for both growth and steel prices
During 2000 Lindab’s growth reached record levels, totaling
24 %, and distributed across nearly all of the Group’s markets.
Another record set during the year was the increase in the prices
of sheet metal, which had no historical precedent.
Since the introduction to the stock market in 1984, Lindab
had increased its sales ten fold. For Lindab and Carl-Gustaf
Sondén, this success was no accident but the result of “our business model and our control over all the processes”. Coordinated
purchasing, together with production tools that could be centrally
automated adapted locally made Lindab competitive and gave
customers attractive solutions. By managing the majority of its
own distribution, Lindab achieved greater proximity to the customer both in terms of service delivery and feedback. This in turn
provided inspiration for continuous, strong product development,
something that Lindab was becoming increasingly well-known for.
During the year, the Group acquired the Swedish company
Scandab, which works with product solutions for dust and powder management within the industry and through the acquisition
To the mall Lindab delivered a Lindab Safe System to Fisketorvet
in Copenhagen containing 100 shops and Denmark’s largest cinema
with seating for 3,200. Furthermore, was fully drawn and designed in
the self-developed CADvent programme.
of the Swedish company Folkebolagen, the Group broadened its
steel service centre. At the same time, the range of roof and wall
profiles was expanded through Folkebolagen’s subsidiary, Borga
Plåt, which was soon renamed Lindab Plåt. Both acquisitions
extended Lindab’s contact with the industry, while these new
subsidiaries had the opportunity to exploit Lindab’s entire distribution network.
A new trainee-programme was launched and an initiative
to start skills training was introduced in the Swedish business,
while health work continued. Lage Lindh had already seen high
product quality as a result of talented employees and their skills
and well-being. It remains a fundamental Lindab principle, and is
something that creates the commitment, entrepreneurship and a
sense of responsibility, which important prerequisites for meeting
the expectations of a growing customer base.
2000 - 2008
2000
Net sales SEK 4,415 m • 3,356 employees
Sales growth breaks record…
….as do steel prices, which rise steeply
Lindab’s business model is an important
explanation behind the success
Sales office opens in Lithuania
Scandab acquired
Sheet metal group Folkebolagen acquired
New roof and wall profiles through Borga Plåt
Investment in training and skills development
Lindab’s lightweight construction technology was
becoming increasingly prominent and used for the
annexes at Gardermoen in Norway, Kastrup in Denmark
and Arlanda in Sweden.
65
66. lindab
1959 2009
-
2001
With the acquisition of TeknoTerm, solutions
were added to Lindab’s range of leading indoor
climate technology.
67. Delisting and raising skill levels
2001 will forever be associated with the September 11 tragedy,
something which left clear marks in the world’s economy that
autumn.
From Lindab’s perspective, there were two major events that
made an impression. The first was the acquisition of the indoor
climate company TeknoTerm AB, something which advanced
Lindab’s position within ventilation and indoor climate significantly.
The second was the fact that the group of owners comprising Lindab Intressenter AB, consisting of Ratos, Skandia, the 6th
AP Fund, together with Carl-Gustaf Sondén and Hans SchmidtHansen, acquired more than 90 % of Lindab shares and, in the
autumn, delisted Lindab from the stock exchanges in Stockholm
and Copenhagen. The owners and corporate management saw
opportunities for continued rapid growth in certain geographic
areas, something that was assessed to be best achieved outside of the stock exchange. During the autumn, a major review
of Lindab’s vision, strategy and organization was initiated, which
was finalized in 2002.
In 2001, Spiral-Helix Inc. was also acquired thereby complementing Lindab’s machine operations in the subsidiary Spiro
International, but from a customer perspective, it was primarily
the acquisition of TeknoTerm which made the bigger impact.
It gave Lindab a new level of expertise in indoor environment and
the potential to offer complete systems that integrate Lindab’s
well-known ventilation technology with the most modern indoor
climate systems. TeknoTerm’s self-developed range of chilled
beams, facade systems and ceiling heaters provided unique solutions for the distribution of both warm and cold air in the room,
which was based on waterborne technology without moving
parts. In parallel to this, the Swedish sales organization within
both Ventilation and Climate strengthened its technical competence significantly. The addition of TeknoTerm’s sales team
thereby increased the possibility to work more intensively with
prescribers. TeknoTerm’s own IT solutions were also integrated
with Lindab’s programme portfolio, Lindab IT-line.
The continued strong growth in Romania led to a new sales
and production facility opening its doors in Bucharest.
2000 - 2008
2001
Net sales SEK 5,160 m • 3,356 employees
The group of owners, Lindab Intressenter, takes
over the ownership and delists Lindab from the
stock exchanges in Stockholm and Copenhagen
A review of Lindab’s vision, strategy and organisation begins in the autumn
Machine producer Spiral-Helix acquired
Indoor climate company TeknoTerm acquired,
significantly reinforcing Lindab’s skills and product range within indoor climate
The sales organisation within the Ventilation business area is strengthened
New facility opens in Bucharest, Romania
Our longest delivery timewise was
the delivery of circular duct systems
to the Pentagon military complex in
Washington, beginning in 2002. It would
take several more years to complete.
Even now, in 2009, deliveries are ongoing.
Plafond chilled beam was one of the new products that
made Lindab Comfort’s product range even stronger. Now
Lindab’s products spread air that was not only fresh, it
could also be locally chilled or heated.
Lindab Romania opened a new sales and production
centre in Bucharest, improving the service, delivery times
and range for its customers.
67
68. lindab
1959 2009
-
2002
The acquisition of Butler Europe gives Lindab
a third leg to stand on – preengineered steel
building systems – for every type of commercial
construction.
69. Reorganization into two business areas
A great deal happened in 2002. The Group was reorganized into
two business areas, Ventilation and Profile, instead of geographically as had been the case previously. The work also led to the
most detailed business plans in Lindab’s history, with profitable
growth as the principle consideration. The new organisation of
the business areas now gave Lindab’s products better opportunities to reach all of the Group’s 25 established markets, with less
risk of becoming “trapped” in the country where the development
had taken place.
The duct system product area was given the new name Air
Distribution and together with Rainline, these were subsequently
defined as the Group’s two core businesses. Anders Persson
took over as the business area manager for Profile and Johan
Bergkvist as business area manager for Ventilation.
Since the acquisition of Meko in the mid-80s, Lindab had
held onto its range of products. Butler Europe in Hungary was
then acquired, a major European player in preengineered steel
buildings for commercial and public use. Lindab already had a
partnership with Butler Europe since they purchased profiled
sheeting, lightweight construction products and other materials
for their business from Lindab Hungary. Activities within the field
of steel buildings were escalating, giving Lindab the opportunity
to offer complete systems solutions within the Profile business
area. At the end of the year, Butler Europe’s name was changed
to Lindab Butler.
Another important event was the launch of the new High
Built Polyester coating system for the Rainline and Coverline programmes. HB Polyester not only provides customers and homeowners with better colour and aging properties, it is also an environmentally friendly alternative since PVC is eliminated.
Within the Ventilation business area, the Architect supply air
beam and the Carat chilled beam were also launched. Both met
with positive reactions from both installers and prescribers, and
was the result of the previous year’s acquisition of TeknoTerm.
In Poland, Lindab opened a new training centre while the
use of CADvent and several other IT solutions from Lindab
stimulated sales. In Holland, the ventilation distributor Inatherm
was acquired, strengthening Lindab’s distribution network in
the region. Within the CEE, a number of new sales offices were
opened.
2000 - 2008
2002
Net sales SEK 5,235 m • 3,766 employees
New organisation divided into business areas
from 1 March
Principle aim is profitable growth
Lindab’s product groups given new names
Roof drainage becomes Rainline
Roof/wall cladding, standing seam becomes Coverline
Lightweight construction technology becomes Construline
Doors becomes Doorline
Halls and steel buildings becomes Systemline
Duct systems becomes Air Distribution
Comfort becomes Indoor Climate
Air Distribution and Rainline are designated
the Group’s core businesses
Anders Persson and Johan Bergkvist are named
business area managers for Profile and Ventilation
The building system company Butler Europe in
Hungary is acquired, considerably strengthening
Lindab’s position in building systems
Ventilation distributor Inatherm, Holland acquired
The new HB Polyester coating system is introduced within Rainline, Coverline and Seamline
Architect supply air beam and Carat chilled
beam launched
Sales office opened in Moscow, Russia
Sales office opened in Bratislava, Slovakia
Sales office opened in Sofia, Bulgaria
At Scandinavia’s biggest hotel, Gothia
Towers in Gothenburg, the guests and staff
can enjoy a comfortable indoor climate
courtesy of Lindab.
The Media centre at Rock City in Hultsfred
was built effectively with the help of a number
of Lindab product systems: Construline,
Coverline, Rainline and Air Distribution.
High Built Polyester introduced as the
new, durable and environmentally friendly
colour system for Coverline and Rainline.
69
70. lindab
1959 2009
-
2003
Newly appointed CEO Kjell Åkesson places immediate focus on profitable growth and promptly initiates a number of important measures.
71. Fill the Gap and return of the former core values
On 1 January 2003, after 36 years at Lindab, Carl-Gustaf
Sondén stepped down from his post as President and CEO.
“Straightforward, frank and clear”, “never hesitant and always up
to date”, were the remarks often heard about “CG” when employees described how he ran Lindab. “The one who put Lindab
clearly on the international map as a leading player within solutions for ventilation and construction”, is also a good summary of
his dedicated work to reach more and more markets in the CEE
and regions in the USA.
Kjell Åkesson, formerly the CEO of Bilia with lengthy experience of Swedish and international industry, now took a very
firm grasp of Lindab’s helm as President and CEO. “We must
retain our Lindab culture of entrepreneurship and enthusiasm
at the centre, we must make our new organisation efficient and
we must ensure profitable growth.” The year began with market development that was worse than expected. Early on, Kjell
Åkesson gathered together 70 managers from across the Lindab
universe and immediately launched the new profitability programme, “Fill the Gap”, to replace the volume and profitability that
had been lost at the start of the year. This became an important
milestone for the work within Lindab and helped to increase the
focus on creating customer value and profitable activities. Positive
developments in the markets in the CEE together with intensive work using Fill the Gap meant that the budget target was
achieved despite everything.
During the year, a decision was made regarding Lindab’s largest
investment ever. A new Central European production facility was
built outside Prague in the Czech Republic to where labour intensive products would be gradually moved. Increased proximity to
customers had always one of Lindab’s guiding principles and the
new factory at Karlovarska meant that deliveries to the growing
ventilation market in CEE and Southern Europe could be made
faster and more efficiently.
Lindab Butler was by now practically integrated into the
business and the acquisitions of ventilation company FEA in
Switzerland and Bravida in Denmark strengthened both the product range and production structure. During this time, the important work to make Lindab’s Air Distribution and Indoor Climate
products available for the entire European market got underway.
Outside Malmö, in Bunkeflostrand, Sweden’s largest residential project began: an industrial modular construction of approximately 2,500 apartments, all using Lindab Construline as a central part.
2003 was also the year in which a decision was taken to
clarify the Lindab brand and to define the increasingly popular
concept of its core values. The outcome was “Simplifying construction”, “Down to earth” and “Neatness and order”, and both
customers, employees, new and old, fully and immediately identified with these. The legacy of Lage Lindh was alive and well.
2000 - 2008
2003
Net sales SEK 5,302 m • 3,920 employees
Carl-Gustaf Sondén leaves Lindab’s
management but remains on the board
Kjell Åkesson becomes the new President and
CEO on 1 January
Fill the Gap profitability programme is launched
Lindab makes its biggest ever investment by
building a new Central European factory outside
Prague in the Czech Republic
Lindab’s core values are enshrined
FEA in Switzerland is acquired
Bravida in Denmark is acquired
Galvanising operations are divested
Adaptation of the Ventilation business area’s
products for the European market begins
Subsidiary Lindab SIA formed in Latvia
Simplifying construction
Down to earth
Neatness and order
To quickly get the entire organization on-board in the new direction was of great importance for
the new CEO Kjell Åkesson.
The new Central European factory moved parts of the production closer
to the CEE.
Lindab defines its core values which everyone
can identify with.
71
73. Strong products provide strong development
The “Rainline Concept” campaign created good sales figures in
Hungary, with Lindab plus approximately 400 enthusiastic dealers and Rainline ambassadors welcoming the results. Following
its success, Lindab Romania was named “Lindab Company of
the Year” and sales in the Czech Republic, Croatia, Russia and
Ukraine also remained on track. Continuous training initiatives,
plus strengthened and deepened relationships with both dealers
and contractors were some of the reasons behind the continued
success in the CEE. Rainline was by now the leading roof drainage system both in the Nordic countries and in the CEE.
In Moscow, Profile opened a new representative office, and
on 1 March Peter Andsberg was appointed the business area
manager for Profile. This was perhaps not a totally unexpected
appointment having succeeded so well in establishing Lindab as
a billion kronor business in the CEE.
The Ventilation business area launched Lindab’s biggest
ever marketing campaign with the presentation of “The Round
Solution”. The goal was to use the claims of “tighter, faster, simpler and more economical” to speed up the transition from traditional duct types to Lindab’s circular, rubber-sealed Lindab Safe
system.
The new Pilot chilled beam was launched and in Italy, the
Architect Moon supply air beam won the prestigious Premio
Comfort & Design award.
The factory in Karlovarska was already at full speed and,
less than a year after its opening, had contributed to a number
of positive effects. Faster delivery times and more cost-effective
logistics were just some of the benefits that gave customers a
simpler daily routine.
Kjell Åkesson introduced the new Lindab Lifestyle internal
programme, with the purpose of increasing business acumen
among senior executives. With better business skills, both Lindab
and its customers can strengthen their operations.
Lindab was enjoying its best performance ever, with skills
and product development that was focused on simplifying construction was high on the agenda. At Lindab’s skills centres in
Grevie, Förslöv and Haderslev, efforts were being intensified to
roll-out new, market adapted products and system solutions.
2000 - 2008
2004
Net sales SEK 5,477 m • 4,138 employees
Sales in the CEE pass one billion SEK
Lindab Romania is named “Lindab Company
of the Year”
Rainline is now the leading roof drainage system
in the Nordic countries and the CEE
Profile launches the “Rainline Concept” campaign at 400 retailers in Hungary
Profile opens a new representative office
in Moscow
Peter Andsberg is appointed the new business
area manager for Profile on 1 March
Ventilation launches “The Round Solution” campaign aimed primarily at “rectangular” markets
Pilot chilled beam launched
Architect Moon supply air beam wins
Italian design award
The Lindab Lifestyle skills programme
is introduced
Our highest delivery was for approximately 100 Fasadium facade appliances that are now in use in Malmö’s
192 metre high Turning Torso building.
The Architect Moon supply air beam
wins the Premio Comfort & Design
award in Italy.
The Round Solution would
stimulate sales of Lindab Safe in
traditional markets.
When product development is based
on market needs, it results in truly powerful solutions.
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