CHOOSE YOUR REGION


Two new bucket grabs get it done: Quicke presents the new Powergrab L+/XL+


Umeå, February 21, 2023: In the beginning of 2023, the Swedish agricultural machinery manufacturer Quicke sets the new standard in silage handling with two powerful additions to the Powergrab series.

For more information please read on here.

JOST closes acquisition of leading manufacturer of agricultural front loaders Ålö Holding AB


Neu-Isenburg, January 31, 2020. JOST Werke AG (“JOST”), a leading global producer and supplier of safety-critical systems for commercial vehicles, announced today the successful closing of the acquisition of Ålö Holding AB (“Ålö”). The responsible antitrust authorities approved the acquisition without restrictions. The closing of the transaction was completed on January 31, 2020.

For more information please read on here.

Altor to divest Ålö to JOST


Altor Fund III (“Altor”), Fort Knox Förvaring AB and Management Investors have today signed an agreement to divest Ålö Holding AB (“Ålö”), the world leader within material handling solutions in the agricultural industry to JOST Werke AG (“JOST”). JOST is a world leading supplier of systems to the Truck and Trailer Industry.

Ålö is the global market leader in top-quality front loaders and associated implements for agricultural tractors, with sales in more than 40 countries. Front loaders and implements are sold under the Quicke brand as well as in cooperation with tractor OEMs. The company has production facilities in Sweden, US, China and France.

“We are pleased to have found an excellent new home for Ålö” says Bengt Maunsbach, Partner at Altor Equity Partners. “JOST has strong capabilities to support Ålö in developing its many important OEM relationships and a global manufacturing footprint that will both open up new markets and provide economies of scale”.

“Ålö stands stronger than ever today” says Niklas Åström, CEO of Ålö. “We have during the past years developed and launched breakthrough new products such as the Q-Series premium loader and the Q-Companion digital control system. Together with our leading offer of implements, parts and service this has enabled Ålö to grow with both our OEM partners and in the dealer market”.

“We are delighted to bring Ålö into our portfolio of leading industrial brands” says Joachim Dürr, CEO of JOST. “We look forward to work with Ålö’s strong management team and to help Ålö continue to grow”.

The transaction is conditioned upon merger control approval and is expected to be finalized early 2020. The sellers were advised by Alantra, Swedbank Investment Banking, White&Case and EY.

For more information, please contact:
Tor Krusell, Head of Communications at Altor, Tel: +46 70 543 87 47

About Altor:  Since inception, the family of Altor funds has raised some EUR 8.3 billion in total commitments. The funds have invested in excess of EUR 4.2 billion in more than 60 companies. The investments have been made in medium sized predominantly Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Dustin, Byggmax, Piab, Aalborg Industries, Trioplast, SATS and RevolutionRace. For more information please visit: www.altor.com

About Ålö:   Ålö is the world leader in Front Loaders for the Agricultural Industry. The products are sold under the Quicke brand. Ålö develops and manufactures about 40,000 loaders every year and has revenue of about 2 billion SEK and about 700 employees. Ålö has manufacturing in Sweden, China, USA and France. For more information about Ålö please visit: https://www.alo.se/

About JOST:   JOST is a leading global producer and supplier of safety-critical systems for commercial vehicles. The Company’s core brands “JOST”, “ROCKINGER”, “TRIDEC” and “Edbro” are well-recognized in the industry and highly regarded for their quality and continuous innovation. With its sales and production facilities in 22 countries across five continents, JOST has direct access to all major truck and trailer manufacturers and relevant end customers. JOST currently employs about 2,900 staff worldwide and has been listed on the Frankfurt Stock Exchange since 20 July 2017. For more information about JOST please visit: https://www.jost-world.com/

LAMMA, UK 7-8 January 2020


LAMMA, UK 7-8 January 2020

Ålö Sustainability Report 2018


We continuously work to gain win-win situations for both the environment and Ålö and in 2018 we made great progress in many areas.

We can proudly say that this year we have reduced the carbon footprint by 29%! Our positive impact originates from innovation for the end-user, energy efficiency, water aspects, reduced emissions and efficient use of resources.

Follow the link to the full report:

https://quicke.nu/wp-content/uploads/2019/06/Sustainability-Report-2018.pdf

Ålö announces relocation of its Telford, Tennessee operation – Significant investment being made by the Company to support its U.S. customer base


Ålö Tennessee USA announced today that it is permanently closing its Telford site at the end of this year and will be relocating the operation to a new, state of the art facility to be located in the Southeastern US.  The specific new site location is expected to be announced within the next 60 days.

 “After looking at many options, it was determined that a new site location with a footprint that is more aligned with Alo’s business levels would be the best match for our Company and its stakeholders” said Martin Philipson, Managing Director North America.

“This move reflects Ålö’s ongoing commitment to the North American market and our customer base, Philipson further said.”. 

A comprehensive employment transition plan has been developed and is being implemented to assist the affected members of the Telford operation with career continuation options. Telford employees may request to be considered for employment at the new facility and career transition benefits are available to those employees who choose to remain in the local area.

For more information, please contact:

Martin Philipson, Managing Director North America, Tel. +1 (423) 788 7100, email: martin.philipson@alotn.com.

New factory for Ålö in China


Ålö AB, one of the world’s leading manufacturers of front loaders and associated implements, is pleased to announce that the new factory in China has been launched successfully and operation is running smoothly, as planned. The new location in Ningbo gives Ålö the space and capacity needed to continue meeting the increasing demands.

The grand opening ceremony was held on October 11th 2018 with a ribbon-cutting ceremony attended by CEO Niklas Åström. The new production facility has 22 172 m2 of production area and 1750 m2 office area, compared to the old factory which was half the size. It is located less than 4 hours with truck from the biggest harbor in the world, Port of Shanghai, and less than 1 hour from the 4th biggest harbor in the world, Port of Ningbo.

– We felt we had outgrown our previous factory and it was time for a new chapter to begin. We are very happy with the new production facility, which will make a big difference for us. Location wise, we have got the best preconditions we could possibly have to continue being number one. The facility is the most advanced implements factory in the world, with the possibility to produce in line with the high demand. We will be able to double our production of implements and subframes and exponentially increase our production of loaders, says Niklas Åström, CEO of Ålö AB.

Managing Director of Alo Ningbo, Rickard Kreutz:

– Most of our full welding is done in our 10 automated robot cells to give the customer the quality Ålö standard that they are expecting from us. Our new automated powder coating line is able to double the capacity compared to our old line and manage the hard corrosions demands from the Car industry. We are excited to see it up and running as smoothly as we planned. It gives us what we need to keep providing our end-users ways to work smarter, instead of harder.

CEO Niklas Åström interviewed by Swedish media


Local Swedish newspaper VK has written a piece about Ålö, the record-breaking revenue and our digital development. CEO Niklas Åström
was interviewed and talked about Q-companion and the digital future of farming.

Link to article (swedish language): https://affarsliv24.vk.se/2517144/alo-satsar-digitalt-har-sprangt-2-miljardersgransen

Transition of CEO at Ålö


As of December 31st 2018, Ålö CEO Mr. Leif Thorwaldsson will leave the company and go into early retirement in order to spend more time
with family. Mr. Thorwaldsson has served as CEO at Ålö for close to three years and has steered the company through a period with many
significant and important changes.

Mr. Leif Thorwaldsson will be replaced as CEO by Mr. Niklas Åström, who has been deputy CEO at Ålö for several years and closely
involved in all parts of the company. Niklas will assume his new role as of April 1st and Leif will continue to advice Niklas until
December 31st 2018.

We are proud to announce


that our subsidiary Agroma S.A were ISO9001-certified on okt 31 – 2017!