When it was stated later on that the turnover had
reached above 1 Bn, this had happened at the
expense of Facit’s profitability.
The international expansion turned out to be much
more difficult than had been anticipated.
It is not the same thing to manufacture
calculators in Sweden as in Mexico.
Companies which ignore this fact and enter
’emerging markets’ usually get into trouble.
The integration of acquired companies does usually
not end up in the way that was intended either.
Detta bör absolut inte betraktas som orsaken
till Facits slutgiltiga fall…
… The reason why Facit collapsed should be
be thought of
how difficult it
is to grow and
in an increased
… which in the long
run creates a lower
To all shareholders:
When top management speaks about acquisitions,
synergies, global expansion and emerging markets
– start to glance at the sell button.
Thanks to ’Brukskultur Åtvidaberg’ och the
municipal government of Åtvidaberg. The Facit
archive is a fantastic source.
Christian Sandström is a
PhD student at Chalmers
University of Technology in
Gothenburg, Sweden. He
writes and speaks about
disruptive innovation and
christian.sandstrom at chalmers.se