The amount of the deal was not disclosed. In conjunction with the investment, Lars Henrik Jörnving, head of Global Industrial Development at Scania, will join Swed-Weld’s board of directors.
Led by Henrik Larsson, Founder and CEO, Swed-Weld makes feeding machines for welding nuts, which are an important part of the robot cells that are used in modern manufacturing and also produces welding machines and other types of machines. By utilizing a modular system, the company can adapt its standard feeding machines to fit customers’ specific needs. It also offers installation, training, service and spare parts.
When connected, Swed-Weld’s feeding machines provide data that when analyzed enable troubleshooting, preventive maintenance and software upgrades.