Uniting quality and innovation with world-class products and services

Transaction

Garantell sold to Troax

Sell-side

Undisclosed

Role

Adviser to Garantell on its sale to Troax

Sector

Industrial & Chemicals

Region

Sweden

Clearwater has advised Garantell, a leading manufacturer of steel mesh solutions, on its sale to Troax, an innovative provider of steel mesh panel solutions.

Garantell is a Swedish industrial company specialising in designing, manufacturing, and distributing customised mesh decks, mesh panels, and safety solutions for industrial as well as commercial applications. The company boasts an automated, order-driven production, with a turnover of approximately €35m.

Since 1955, Troax has been developing and refining steel mesh panels, focusing on safety solutions for industrial and commercial activities. Its products are now globally recognised.

I am pleased to announce Garantell joining the Troax Group. Their track record, commitment to quality, and innovative solutions complement our mission to provide world-class products and services to our customers. This acquisition underscores Troax’s strategic vision to expand its portfolio and strengthen its position as a market leader.
Thomas Widstrand, President and CEO, Troax

The combined strengths of Troax and Garantell will enable us to offer a broader range of tailored solutions, further enhancing the value we bring to our customers. We eagerly anticipate collaborating with the Garantell team to further develop the business.
Mikael Carlsson, Head of Marketing & M&A, Troax

With gratitude for a remarkable journey, I am happy and proud to hand over Garantell to Troax. I am confident that Troax will be a capable owner of the company and continue to develop the business and its employees. I look forward to following the group's continued success.
Per-Åke Axelsson, Co-Founder, Garantell