Talurit Group, a global market leader in mechanical splicing systems for wire rope, announces the acquisition of the company by SEB Private Equity, a global private equity investor with a local Nordic footprint. The transaction marks a significant new chapter for Talurit Group, as its long-standing owner, Mr. Bernhard Rohland, has decided to pass the torch after more than 50 years.
Founded in 1948 by Bernhard Rohland’s father, Gerhard Rohland, Talurit Group has grown into a global enterprise, recognized for its expertise in delivering premium products and solutions for splicing and handling of wire rope. After much reflection, Bernhard Rohland, now 86 years old, decided the time was right to hand over the ownership, aiming to secure the company’s continued growth and success.
“My foremost goal has been to find the right owner—one that shares our company’s values and is committed to the continued success of the Talurit® brand on an international scale. I believe we have found that in SEB Private Equity,” says Bernhard Rohland. “Their expertise and investment philosophy will serve as a solid foundation for the Group to expand on its ambitious targets. I am also very happy to see that current management are committed to continuing their journey.”
SEB Private Equity is known for its hands-on approach to investing, with a focus on both operational and strategic development. Their long history and extensive experience in the Nordic and global markets uniquely position them to support Talurit Group’s future growth. The investment approach involves working closely with entrepreneurs and management to unlock value-creating opportunities in the companies.
“We are thrilled to welcome Talurit Group into our portfolio. This is a company with a long and proud history, and we believe its future potential is immense. Our investment strategy is built around working with companies to achieve sustainable growth, and we see tremendous opportunities for Talurit Group to continue expanding globally.” says Maria Bilkenroth, Investment Director at SEB Private Equity.
As part of the new ownership structure, Talurit Group’s CEO, Victor Lindh, along with Neil Cooke, Managing Director of Talurit UK Ltd, and Uli Kaltenbrunner, Managing Director of Talurit GmbH, have invested in the company. This further underscores the management team’s commitment to Talurit Group’s continued success and development.
Victor Lindh, CEO of Talurit Group, comments: “I believe SEB Private Equity can help us gear up faster, positioning us better for the future, and enabling us to deliver even greater value to our customers. This is the end of one chapter, but also the beginning of a fresh new era for Talurit Group. I would like to extend my heartfelt gratitude to Mr. Rohland and his family for everything they have done for the company and for the industry as a whole.”
Looking ahead, Talurit Group remains focused on achieving its ambitious growth and innovation targets. The acquisition by SEB Private Equity provides Talurit Group with continuous financial stability and the resources needed to reach these goals, while reassuring customers and partners that the company’s commitment to high-quality products and services will remain unwavering.
“With SEB Private Equity as our new majority owner, we are in an even stronger position to build on our legacy and create value for our customers globally,” adds Victor Lindh. “We will continue to uphold the great service and product quality that have become hallmarks of Talurit Group, and we are excited about what the future holds for us.”
The transaction, completed on August 29, 2024, marks the beginning of a new era in Talurit Group’s history. With the new ownership in place, the company is well-positioned to achieve continued growth while staying true to its core values and legacy of excellence.
