Liljeholmens Stearinfabriks AB acquires Skånska Stearinljusfabriken to strengthen its market position
Liljeholmens Stearinfabriks AB, Royal Court Supplier and the world’s largest supplier of stearin candles, has acquired Skånska Stearinljusfabriken. The acquisition is part of Liljeholmens Stearinfabrik's strategy to strengthen its market position and expand its product range.
"We are very pleased to welcome Skånska Stearinljusfabriken to our company family," says Anna Lundqvist, CEO of Liljeholmens Group AB. "This strategic acquisition enables us to combine resources and expertise, allowing us to continue highlighting craftsmanship and our Swedish-made candles."
Like Liljeholmens Stearinfabrik, Skånska Stearinljusfabriken is known for producing high-quality stearin candles. Through this acquisition, Liljeholmens Stearinfabrik will be able to offer an even wider range of products to our customers.
"Cecilia Wallin and I want to thank our customers for all these years and look forward to becoming part of Liljeholmens Stearinfabriks AB, creating new opportunities for growth and innovation together," says Dan Wallin, CEO of Skånska Stearinljusfabriken. "Together, we will be able to meet our customers' needs even better."
The acquisition will take effect on November 1, and both companies are now working together to ensure a smooth integration. The highly skilled team at Skånska Stearinljusfabriken will continue with production and sales in Ängelholm, just as before, in close collaboration with their new colleagues at Liljeholmens Stearinfabrik.
For more information, please contact: Anna Lundqvist, CEO, Liljeholmens Group AB