BASO Group expands: Strengthens its business with two new acquisitions

BASO Group is taking an important step with two new acquisitions that strengthen the Group’s position as one of Denmark’s leading suppliers of complex metal solutions.

Baso Group has acquired a significant majority stake in Aleks Steen Maskinfabrik as well as a minority stake in Flindt-Kristensen Engineering. The acquisition of Flindt-Kristensen Engineering is being carried out in collaboration with Daeda, an engineering platform under Bagger-Sørensen Equity.

Bjarne Poulsen, CEO of Baso Group, welcomes the addition of the two companies. He explains that the Group can now offer customers complete solutions from concept and development through to implementation and production.

“These two acquisitions are a clear expression of our strong ambitions for Baso Group. We have a strategic focus on expanding our Group and taking an even stronger position in the market. We are now becoming even more of a one-stop shop, enabling us to offer our customers solutions across the entire value chain,” says Bjarne Poulsen, and continues:

“This means that we can reduce complexity for our customers and create a better, more integrated process from idea to finished product. We will be able to manage the entire process and make it easier for customers to bring their solutions to life — without compromising on quality or flexibility,” says Bjarne Poulsen.

Ready for further acquisitions

Through the acquisitions, Baso Group also gains access to new capabilities and increased production capacity. Flindt-Kristensen Engineering contributes engineering expertise, while Aleks Steen Maskinfabrik strengthens the Group’s ability to deliver efficient and more automated production.

At the same time, this will open the door to a range of new markets for Baso Group – including sectors with high requirements for documentation and quality, such as the defence industry.

“We are significantly stronger following the acquisitions, as we have enhanced our competitiveness – both in terms of price and the solutions we can offer,” Bjarne Poulsen states.

Baso Group’s acquisitions come at a time when the metalworking market is undergoing consolidation. Bjarne Poulsen explains that he expects the industry in the future to be characterised by fewer but larger players. Baso Group will therefore maintain its focus on continuously expanding the Group through acquisitions of strong, specialised companies.

“Baso Group’s growth does not stop here. We are constantly looking for opportunities to strengthen our position. This naturally means that we keep an eye out for interesting companies that fit our strategy. A market undergoing consolidation will create exciting opportunities, and we are ready to act when we identify the right match,” says Bjarne Poulsen, CEO of Baso Group.