Preparations for the restart of operations will start immediately. IAC intends to further develop the business, which has a long and distinguished history in Gnosjö and Värnamo.
“It is regrettable that the business ended up in this difficult situation, but we see great potential in Nyströms Pressgjuteri. With the support of IAC’s expertise and resources, we are confident that we will soon re-establish the company as a strong player in the industry,” says Mattias Gadd, Chairman of the Board of IAC and CEO of Grönskär.
Nyströms Pressgjuteri was founded in 1929 in Gnosjö and has established itself as a leading manufacturer of die-cast aluminum products. The company is known for its focus on quality, environmental responsibility and reliability of supply.
Since 2021, IAC has been part of Grönskär Gruppen AB and is today one of the leading aluminum foundries in the Nordic region. The company offers both permanent mold and die casting and operates five foundries located in Sweden and Estonia. With 320 employees and a turnover of approximately SEK 620 million, IAC is an important player in aluminum casting.
For further information, please contact:
Mattias Gadd
Chairman of the Board IAC
CEO Grönskär
mattias.gadd@gronskar.se
Dan Nilsson
CEO/CEO IAC
dan.nilsson@iac-ab.se