Company Profile
Hägglunds Drives is a global market leader in hydraulic drive systems intended for low speed and high torque applications.
Our systems contains a hydraulic motor, power unit and a control system. The Group has sales of approximately 1.5 BSEK and just over 700 employees.
Drive systems are used in a wide range of industries, for example in: mining, recycling, pulp and paper, rubber and plastics, offshore, fishing, building and construction. The Group’s operations are carried on in three business areas: Industrial, Marine & Offshore and Mobile (Building & Construction). System sales account for around half of total sales, after-market services for just over one-third and component sales for the remainder.
Around two-thirds of new sales are to OEMs (Original Equipment Manufacturer) and one-third to end users. Production is concentrated in Mellansel in Sweden.
The Group has subsidiaries in 16 countries with personnel in over 20 countries with approximately 50 sales- and service offices. In addition, there are distributors in around 20 countries.
The largest geographical markets are Europe, Asia, Australia and North America.
Hägglunds Drives is owned by Ratos, a listed Swedish private equity company.
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