Brenderup Group

Tysse will be part of Brenderup Group

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Storskogen has entered into an agreement to acquire the shares in Tysse Mekaniske Verksted AS (”Tysse”) via its subsidiary Brenderup Group. Tysse is one of the leading Norwegian manufacturer and supplier of trailers with a reported turnover of NOK 241m for the financial year 2021. “We are very happy to welcome Tysse to Brenderup Group. Tysse has a great product portfolio comprising high quality products, a strong brand and a modern production facility. We expect to see several opportunities for the companies to work together in close collaboration,” says Stefan Petersén, CEO of Brenderup Group.

Since 1972 Tysse has manufactured trailers with a focus on quality and product development. The company holds a strong market position in Norway, employing approximately 65 people. Tysse has its headquarter and production facility in Tyssebotnen on Osterøy, North of Bergen.

Tysse is the first add-on acquisition to Brenderup Group since the company became part of Storskogen in July 2021. The managing Director for Tysse Mekaniske Verksted AS, Per Steinar Osmundnes, will continue in his role within the company and report to Brenderup Group CEO.

Rune Tysse, second generation owner of Tysse, will continue in his role as Technical Manager in the company after the transaction.

”Tysse is somewhat of an ‘industrial adventure’ created by owners, employees and resellers through 60 years of hard work. The Tysse family is immensely proud over what the company has achieved. To continue to grow and expand internationally, I concluded that Tysse should be part of a larger group. With Storskogen and Brenderup Group we have an owner with great product- and production know-how and an owner that shares the same values and goals as Tysse. An industrial owner provides us with the best opportunities to continue develop the company and secure growth and job opportunities in Tyssebotnen in the coming generations,” says Rune Tysse.

The company will be part of Storskogen’s business area Industry and the vertical Products, for which Fredrik Bergegård is responsible.

“Tysse is a fine company with a long history and strong brand and product range on the Norwegian market that will strengthen Brenderups Group’s position and local presence. I am excited to follow the further development of the two companies, and how they will support each other through their journey together,” says Fredrik Bergegård.

The transaction is subject to approval by competition authorities and is expected to be completed during the end of the first quarter 2022.

For further information, please contact:

Stefan Petersén, CEO Brenderup Group

Tel: +46 72 253 90 19

E-mail: stefan.petersen@brenderupgroup.com

Björn Rosberg, Group HR & Communications Director

Tel: +46 73 642 88 68

E-mail: bjorn.rosberg@brenderupgroup.com

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About Brenderup Group

Brenderup Group
Rundelsgatan 16
21136 Malmö

http://www.brenderupgroup.com

About Tysse

Tysse Mekaniske Verksted AS is located in Tyssebotnen, Osterøy, 1 hour drive from Bergen. The company was founded in 1964 by Bertin Kåre Tysse. The production of Tysse trailers was started in 1972 and have since been the main product. Today Tysse is one of the leading trailer producers in Norway. Tysse Mekaniske Verksted has a modern production facility consisting of. 13 000 sqm and a total outdoor area about 30 000 sqm. Tysse has one of the most modern set of machineries in Norway in sheet metal processing.

 

About Brenderup Group

Brenderup Group's well-known brands such as Brenderup, Fogelsta, Ellebi, OneWay, Transparts and 24Rental provide customers with reliable and easy-to-use trailers as well as a wide range of accessories. The product range includes leisure, professional, boat and snowmobile trailers, accessories and spare parts. The products are used for private, professional and semi-professional applications. Brenderup Group is also the market leader in trailer rental in Scandinavia with Europe's largest trailer fleet

Brenderup Group has 400 employees and sales of SEK 1 billion. The group has it headquarter in Malmö and operates a production facility in Wieleń, Poland and an assembly plant in Stigamo, south of Jönköping. Sales offices are located in Sweden, Norway, Denmark, Poland, Germany, France and Italy.

Brenderup Group is part of Storskogen Group, a well-diversified group of about 105 business units with a total annual turnover at the end of December 2021 of about SEK 23 billion and 9 000 employees. Storskogen Groups’ success can be attributed to the long-term perspective and the focus on the driving forces for entrepreneurship.

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