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Van Leeuwen Test Group acquired by Lagercrantz Group AB

- Exit deal

- February 2025

- Value: Undisclosed

Lagercrantz completed acquisition of 100% of the shares in Van Leeuwen Test Group BV

VLT will be part of Lagercrantz Niche Products Division from Feb 2025

VL Test Systems Limited is a leading supplier of high quality vehicle testing equipment

Client Background

VL Test Systems Ltd (VLT) is a leading supplier of high quality Commercial Vehicle testing equipment with a wealth of experience in the Commercial Brake Tester market.

Van Leeuwen Test Systems was established in the Netherlands in 1958 and has now been specialising in the supply of high quality vehicle testing equipment for over 60 years.The equipment ranges from stand-alone machine to fully automated integrated test lanes.They provide testing equipment primarily for heavy vehicles and are particularly well known for its robust brake testers and software for vehicle testing facilities. VLT has a number of key customers in the UK including Arriva, Scania, Volvo & Stagecoach. They also work with the Ministry of Defence, servicing and installing Brake Testers throughout UK bases, as well as in overseas locations such as Afghanistan, Canada, Gibraltar and the Falklands.

Van Leeuwen Test Group acquired by Lagercrantz Group AB
Van Leeuwen Test Group acquired by Lagercrantz Group AB

About the Deal

The acquisition was announced on December 20, 2024, and  received the necessary regulatory approvals at the end of February 2025.. Lagercrantz Group is a Tech Group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group consists of some 80 companies, each with a focus on a specific sub-market – a niche. Lagercrantz Group is active in ten countries in Northern Europe as well as in the USA, in China and in India. The Group has approximately 3,000 employees and annual revenues of about MSEK 9,000. The Company has been listed on Nasdaq Stockholm since 2001. Following this acquisition VLT will be part of the Niche Products division.

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Seller

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buyer

Exit deal

Value: Undisclosed

March 31, 2025

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Investment From

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Growth deal

Value: Undisclosed

Feb. 11, 2025

Seller

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Exit deal

Value: Undisclosed

Feb. 5, 2025

Seller

Sold To

buyer

Exit deal

Value: Undisclosed

Sept. 30, 2024