Polaris Private Equity is to acquire Gothenburg, Sweden-based Alignment Systems AB, a global provider of collision repair solutions, from private equity fund FSN Capital.
Polaris will help the company continue to expand in emerging markets.
Led by CEO Johan Nordström, Alignment Systems offers complete systems for passenger cars and commercial vehicles. Through the brands Car-O-Liner and Josam, the company supplies systems for the entire collision repair process, including components, support and know-how. Main customers include body shops.
Acquired by FSN Capital in 2006, Alignment Systems started its operations in 1935 and is today present in more than 70 countries. In 2011, sales exceeded SEK500m.
FinSMEs
21/02/2012