Interim report Q1 2015

First quarter 2015

Incoming orders rose 21% to SEK 586 million (486)
Net sales rose 21% to SEK 563 million (466)
Operating profit (EBITA) rose 34% to SEK 63 million (47)
Profit before tax rose 36% to SEK 57 million (42)
Profit after tax rose 37% to SEK 44 million (32)
Earnings per share were SEK 1.90 (1.38)
Acquisition of AB Ernst Hj Rydahl Bromsbandfabrik

Strong start to the year

OEM got off to a strong start in 2015 and the trend of the previous quarter continues. Record sales and earnings were reported in the first quarter. There are several factors behind this strong performance. We are seeing industrial activity in some of our markets and it is generally evolving in a positive direction. This is particularly the case in Sweden. OEM is continuing to gain share in markets where the industry has a slightly lower growth trend. The stronger euro and dollar are also having a favourable impact on most of our operations.

Incoming orders increased in the first quarter by 20% to SEK 574 million and net sales by 21% to SEK 555 million. Currency effects accounted for 7% and acquisitions for 9% of the increase in net sales, resulting in 5% organic growth. Operating profit (EBITA) increased by 31% to SEK 61 million (47). The EBITA margin was 11% (10%).

Growth in the regions

Growth has continued at a robust pace in the Finland/Baltic states region in the first quarter, with 19% organic growth. However, the effects of the increased sales are not reflected in our earnings results. This is partly due to lower margins and partly to the fact that we have chosen to continue to invest in our operations, unlike many of our competitors. Organic growth in Sweden, our largest region, was 4%, which is in line or slightly better than our assessed view of the market growth. At the same time, profit has increased by 37% and most of our operations are benefiting from currency fluctuations. The picture is divided in our third region. Our mature markets, Denmark and the United Kingdom, are experiencing slightly negative growth or no growth at all. This is being offset by a stronger trend in Norway and Central Eastern Europe. Organic growth was 2% in the region as a whole.

Major acquisition completed

At the beginning of the year, we acquired AB Ernst Hj Rydahl Bromsbandfabrik. The company is one of Scandinavia's leading suppliers of brake and friction components and opens a whole new market segment for OEM. Upon acquisition, Rydahls was generating annual sales of approximately SEK 120 million, which satisfies our ambition to annually acquire businesses with an aggregate turnover of at least SEK 100 million. Nevertheless, we still intend to continue assessing interesting potential acquisitions in the coming quarters.

Positive outlook continues

As we moved into 2015, we closed the door on a year of strong growth in all our regions and the most profitable year in OEM's history. We can see that this positive trend is continuing as we sum up the first quarter of 2015. Our model provides security and reliability with a combination of large and small entities that brings an overall stability to our business. We have skilled and committed employees with good business acumen who create value for our customers and suppliers.

Jörgen Zahlin Managing Director and Chief Executive Officer

Net sales SEK million

Share per region

Incoming orders

Incoming orders increased by 21% to SEK 586 million (486). For comparable entities, incoming orders rose 12% and acquired orders were 9%.

During the first quarter of 2015, incoming orders were 4% higher than net sales.

On 31 March 2015, the order book was SEK 286 million (236).

The increase for comparable entities in the first quarter indicates a slightly stronger business position in most of the markets.

Sales growth

Net sales rose 21% to SEK 563 million (466). For comparable entities, net sales rose 12% and acquired net sales were 9%. Foreign currency exchange rate movements had a beneficial 6% effect on net sales.

OEM Electronics, Svenska Batteripoolen, OEM Automatic and Telfa in Sweden and the operations in the Baltic states, the Czech Republic, Poland and Norway, reported the largest positive growth in net sales compared to the corresponding quarter of last year.

The percentages for the regions are the same as in the corresponding period of the previous year. Compared with the last quarter of the previous year, Sweden has increased by 1%, and Denmark, Norway, the United Kingdom and Central Eastern Europe have decreased by 1%.

OEM INTERNATIONAL AB (publ) CRN 556184-6691, Box 1009, SE-573 28 Tranås, Sweden +46 (0)75-242 40 00 3

EBITA margin

Return on equity

Earnings trend

Operating profit before amortisation of acquisition-related intangible fixed assets (EBITA) was SEK 63 million (47), which is an increase of 34%.

During the first quarter of the previous year, litigation costs amounted to SEK 4.9 million. When the percentage increase for this litigation is adjusted, the increase is 23%.

The operating margin before amortisation of intangible fixed assets (EBITA margin) was 11% (10%).

The increase in the operating profit is a consequence of a rise in net sales.

Profit after tax increased by 37% to SEK 44 million (32).

Earnings per share were SEK 1.90 (1.38).

Return

The return on equity was 7.7% compared to 4.3% for the year-ago quarter.

The trailing-twelve-month return on equity was 25%, which exceeds the 20% target.

Shareholders' equity amounted to SEK 595 million (757) with an equity/assets ratio of 49% (62%) on 31 March 2015.

Sales growth by region per quarter

There are small percentage changes across the regions over the period and all three regions are experiencing stable growth.

Sweden

OEM Automatic AB, OEM Motor AB, Telfa AB, Svenska Batteripoolen AB, Elektro Elco AB, Nexa Trading AB, OEM Electronics AB, Internordic Bearings AB, Svenska Helag AB, Flexitron AB, Agolux AB, Vanlid Transmission AB, Kübler Svenska AB and AB Ernst Hj Rydahl Bromsbandfabrik.

SEK million	2015 Q1	2014 Q1	2014 Full year	Trailing 12
Incoming orders	371	310	1,213	1,274
Net sales	362	298	1,193	1,257
EBITA	52	38	155	169
EBITA margin	14%	13%	13%	13%

Net sales rose 21% to SEK 362 million (298) in the first quarter due to increasing demand on existing entities and the acquisition of AB Ernst Hj Rydahl Bromsbandfabrik. Comparable entities reported a 10% increase. Exchange rate fluctuations had a positive 6% impact on net sales. OEM Electronics, Svenska Batteripoolen, OEM Automatic and Telfa account for the largest percentage growth in net sales in Sweden.

Incoming orders were also strong and increased by 20% to SEK 371 million (310).

Incoming orders were 2% higher than net sales in the first quarter of 2015, which is a positive sign. EBITA rose 39% to SEK 52 million (38). During the first quarter of the previous year, litigation costs amounted to SEK 4.9 million. When the percentage increase for this litigation is adjusted, the increase is 23%.

Finland and the Baltic states

OEM Automatic FI, Akkupojat Oy, OEM Electronics FI, OEM Automatic OU, OEM Automatic UAB, OEM Automatic SIA, OEM Automatic (Shanghai) Co.Ltd.

SEK million	2015 Q1	2014 Q1	2014 Full year	Trailing 12
Incoming orders	86	71	287	302
Net sales	85	68	284	300
EBITA	6	5	20	21
EBITA margin	7%	7%	7%	7%

Demand has generally been slow for Finnish industries. Yet despite this, net sales rose 24% to SEK 85 million (68) in the first quarter. The movement in exchange rates had a beneficial 6% effect on net sales. This means that organic growth was 18%.

Incoming orders were also strong and increased by 22% to SEK 86 million (71).

Incoming orders were 2% higher than net sales in the first quarter of 2015, which is a positive sign. EBITA rose 24% to SEK 5.9 million (4.7), due primarily to increased net sales. The EBITA margin has not risen despite the increase in net sales. This is due to lower margins and ongoing market investments.

Denmark, Norway, UK and Central Eastern Europe

OEM Automatic Klitsö A/S, OEM Automatic AS, OEM Automatic Ltd, OEM Automatic Sp z o. o., OEM Electronics PL, OEM Automatic spol. s r.o., OEM Automatic s.r.o., OEM Automatic Kft.

SEK million	2015 Q1	2014 Q1	2014 Full year	Trailing 12
Incoming orders	129	105	416	440
Net sales	116	99	411	428
EBITA	10	8	32	34
EBITA margin	9%	8%	8%	8%

Net sales rose 17% to SEK 116 million (99) in the first quarter due to increasing demand, particularly in Slovakia, the Czech Republic, Poland and Norway. Acquisitions have increased net sales by 8% and the movement in exchange rates had a beneficial 7% effect on net sales, which means the region reported 2% organic growth in the first quarter of 2015.

Incoming orders increased by 23% to SEK 129 million (105). Incoming orders were 11% higher than net sales in the first quarter of 2015, which is a positive sign.

EBITA rose 22% to SEK 10 million (8.4), due primarily to increased sales.

Other financial information

Cash flow

Operating cash flow was SEK 40 million (43) in the first quarter. Cash flow totalled SEK 19 million (25) in the first quarter and was affected, in part, by investing activities of SEK -20 million (-25).

Investments

The Group's investments in property, plant and equipment totalled SEK 20 million (26). Property, machinery and equipment accounted for SEK 8 million (4), intangible assets for SEK 12 million (22), of which SEK 12 million (22) are related to business combinations.

Cash and cash equivalents

Cash and cash equivalents, comprising cash and bank balances, amounted to SEK 99 million (198). Cash and cash equivalents, together with committed undrawn credit facilities, amounted to SEK 352 million (548) on 31 March 2015.

Intangible assets

Amortisation of intangible assets totalling SEK 6.1 million (5.5) has been charged to the income statement. The carrying amount in the Statement of Financial Position on 31 March 2015 was SEK 180 million (174).

Equity/assets ratio

On 31 March 2015, the equity/assets ratio was 49% (62%).

Employees

The Group's average number of employees for the period was 706 (647). At the end of the period, the number of employees was 706 (643). 54 of these employees come from acquired companies.

Share repurchase

The company has not repurchased any shares during the period. The company's total shareholding was 61,847 shares on 31 March 2015, which is equivalent to 0.3% of the aggregate number of shares. The Annual General Meeting is authorised to repurchase up to 10% of the shares, which is the equivalent of 2,316,930 shares.

Acquisitions

On 26 January 2015, the entire shareholding in AB Ernst Hj Rydahl Bromsbandfabrik, known as Rydahls, was acquired. The company has its head office in Karlstad and sales offices in five other locations in Sweden and is one of Scandinavia's leading suppliers of brake and friction components. The company's sales in 2014 amounted to SEK 117 million. The company has 44 employees and became part of Region Sweden on 1 January 2015.

The consideration for acquired operations was SEK 21 million, plus a contingent consideration estimated at SEK 8.5 million, based on how business develops in the 2015 – 2016 period. Following the acquisition, OEM's consolidated net sales increased by SEK 30 million and operating profit by SEK 1.3 million.

Preliminary acquisition analysis (SEK million)

	Company
	carrying	Fair value	Group
The acquired companies' net assets at the time of acquisition	amounts	adjustment	fair value
Intangible fixed assets	-	6.3	6.3
Other fixed assets	0.8	-	0.8
Inventories	28.3	-	28.3
Other current assets	16.1		16.1
Cash and cash equivalents	3.4	-	3.4
Deferred tax liabilities	- 0.7	-1.4	-2.0
Other liabilities	-29.0	-	-29.0
Net identifiable assets/liabilities	19.1	4.9	24.0
Consolidated goodwill	-	6.0	6.0
Consideration, including contingent consideration			30.0

As a result of the acquisitions, other intangible assets have increased by SEK 6.3 million. The amount relates to customer relationships that will be amortised over a five-year period. Consolidated goodwill is not tax deductible.

OEM normally uses an acquisition structure with a base consideration and contingent consideration. Contingent consideration is initially valued at the present value of the probable earnings, which amounts to SEK 8.5 million for the acquisitions this year. The period for contingent consideration is two years and the earnings may amount to a maximum of SEK 10 million. Acquisition-related transaction expenses for the period amount to SEK 0.0 million.

Remeasurement of contingent considerations

Developments in previously implemented acquisitions have not resulted in a remeasurement of continent consideration liability.

Accounting policies

This condensed consolidated interim report has been prepared in accordance with IAS 34, Interim Financial Reporting, and in compliance with relevant provisions from the Swedish Annual Accounts Act. The interim report for the Parent Company has been prepared in compliance with the Swedish Annual Accounts Act Chapter 9, Interim Report and the Securities Market Act. The Group and the Parent Company have applied the same accounting policies and basis of preparation as in the latest annual report. No International Financial Reporting Standards (IFRS) or International Financial Reporting Interpretations Committee (IFRIC) interpretations adopted in 2015 have had a significant effect on the reported results or financial position of the Group.

Risks and uncertainties

OEM INTERNATIONAL AB (publ) CRN 556184-6691, Box 1009, SE-573 28 Tranås, Sweden +46 (0)75-242 40 00 The OEM Group is exposed to both business-related risks and financial risks through its activities. Business-related risks include competition and operational risks, and financial risks include liquidity risk, interest rate risk and currency risk. The financial operations of the OEM Group and management of financial risks are mainly handled by the Parent Company. Frameworks for risk management procedures and risk mitigation are in place. These frameworks are characterised by a low risk level.

The basis is the structured and efficient management of the financial risks that arise in the business.

For a complete report on the risks affecting the Group, please refer to pages 30 to 31 and pages 75 to 77 of the 2014 Annual Report.

Other than the risks and uncertainties described in the Annual Report for 2014, no significant risks or uncertainties have been identified or removed.

Litigation

At the beginning of April 2014, Lund District Court delivered judgement on a lawsuit in which the subsidiary Internordic Bearings AB (IBS) has been involved, regarding mutual creditor claims with a client and the client's insurance company for a breach of contract claim.

The judgement means that IBS has lost the case against the client. However, the client's insurance company has not been successful in its action against IBS, and the suit has been dismissed by the Court.

The judgement means that IBS must pay the client a net amount of SEK 4.9 million, including litigation costs, interest and net of the insurance payments that IBS receives via its own insurance company. The amount is included in the company's and the Group's income statement for the first quarter of 2014. The client and its insurance company have appealed against the judgement to the Court of Appeal. IBS has also decided to appeal against the judgement. The Court has granted leave to appeal in all cases.

Related party transactions

No related party transactions have been entered into that materially affected the financial position or the performance of the Group and Parent Company during the period.

Parent company

Net sales were SEK 6.7 million (6.7) and profit after financial items was SEK -5.3 million (- 5.5). Net sales relate entirely to inter-company transactions. The foregoing risks and uncertainties specified for the Group also apply indirectly to the Parent Company.

Events after the close of the reporting period

There are no significant events to report after the close of the reporting period.

Tranås, Sweden, 23 April 2015

Jörgen Zahlin Managing Director and Chief Executive Officer

The company's auditors have not conducted a special audit of this report.

For further information, please contact the Managing Director, Jörgen Zahlin, on +46 (0)75-242 40 22 or the Finance Director, Jan Cnattingius, on +46 (0)75-242 40 03.

The information in this report is of such a nature that its disclosure by OEM International AB (publ.) is required under the Swedish Securities Market Act. The information was released to the media for publication on 23 April 2015 at 2 p.m.

OEM INTERNATIONAL AB (publ) CRN 556184-6691, Box 1009, SE-573 28 Tranås, Sweden +46 (0)75-242 40 00

The regions' sales and earnings

SALES & EARNINGS BY REGION *

Net sales (SEK million) *

	Jan-	Jan
	March	March	Q4	Q3	Q2	Trailing	Full year
	2015	2014	2014	2014	2014	12 mth	2014
Sweden, external income	362	298	326	275	293	1 257	1 193
Sweden, income from other segments	23	22	20	20	21	85	84
Finland and the Baltic States, external income	85	68	72	69	74	300	284
Finland and the Baltic States, income from other segments	1	1	1	1	1	3	3
Denmark, Norway, the United Kingdom and
Central Eastern Europe, external income	116	99	109	104	99	428	411
Denmark, Norway, the United Kingdom and
Central Eastern Europe, income from other segments	0	0	0	0	0	1	1
Other operating segments/elimination	-24	-23	-21	-21	-22	-89	-88
	563	466	507	448	466	1 985	1 887

Operating profit (SEK million) *

	Jan-	Jan
	March	March	Q4	Q3	Q2	Trailing	Full year
	2015	2014	2014	2014	2014	12 mth	2014
Sweden	49	35	37	38	33	158	143
Finland and the Baltic States	6	4	3	5	6	20	18
Denmark, Norway, the United Kingdom and
Central Eastern Europe	9	7	5	9	6	28	27
Group functions	-6	-4	1	-3	-4	-11	-10
	58	42	46	49	41	194	179

Consolidated profit/loss (SEK million) *

	Jan-	Jan
	March	March	Q4	Q3	Q2	Trailing	Full year
	2015	2014	2014	2014	2014	12 mth	2014
Operating profit	58	42	45	49	41	194	179
Net financial items	-1	-1	-1	-1	-1	-3	-3
Pre-tax profit/(loss)	57	42	46	48	40	191	176

The Group's performance and financial position

CONDENSED CONSOLIDATED STATEMENT OF INCOME AND OTHER COMPREHENSIVE INCOME (SEK MILLION)

	Jan-	Jan
	March	March	Q4	Q3	Q2	Trailing	Full year
	2015	2014	2014	2014	2014	12 mth	2014
Net sales	563	466	507	448	466	1 985	1 887
Other operating income	0	-	0	1		- 1	1
Operating costs ***	-494	-413	-451	-389	-414	-1 748	-1 667
Depreciation of fixed assets	-12	-11	-11	-11	-11	-44	-43
Operating profit	58	42	46	49	41	194	179
Net financial income/expense	-1	-1	-1	-1	-1	-3	-3
Pre-tax profit/(loss)	57	42	46	48	40	191	176
Tax	-13	-10	-10	-10	-9	-42	-39
Profit/loss for the period	44	32	36	38	31	149	137
Other comprehensive income Profit/loss for the period Items that have been transferred or may recycled to net income	44	32	36	38	31	149	137
Exchange differences for the period on translation of overseas operations Items that can not be recycled to net profit	-1	1	6	1	6	12	14
Revaluation of defined
benefit pension plans	0	0	-1	0	2		1 0
Other comprehensive income for the period	-1	1	5	1	8	13	14
Comprehensive income for the period	43	33	41	39	39	161	151
Earnings per outstanding share, SEK*	1,90	1,38	1,56	1,65	1,33	6,44	5,92
Earnings per total shares, SEK*	1,90	1,38	1,55	1,65	1,32	6,42	5,90
EBITA**	63	47	50	54	46	212	196

* Attributable to shareholders of the parent company. There are no dilution effects.

** Definition of EBITA; Operating profit before amortisation of acquisition-related intangible fixed assets.

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (SEK MILLION)

	2015-03-31	2014-03-31	2014-12-31
Fixed assets
Goodwill	93	79	88
Other intangible assets	87	95	87
Total intangible assets	180	174	175
Property, plant and equipment	206	209	204
Total property, plant and equipment	206	209	204
Financial assets	0	0	0
Total financial assets	0	0	0
Total fixed assets	386	384	380
Deferred tax assets	2	2	2

Current assets
Inventories	346	285	337
Current receivables	391	344	325
Cash and cash equivalents	99	198	80
Total current assets	837	827	742
Total assets	1 225	1 213	1 123
Equity	595	757	552
Non-current interest-bearing liabilities	42	23	32
Provisions for pensions	3	4	3
Other provisions	-	5	-
Non-current non-interest-bearing liabilities	18	8	12
Deferred tax liabilities	70	70	70
Total non-current liabilities	133	110	117
Current interest-bearing liabilities	217	103	215
Current non-interest-bearing liabilities	280	243	239
Total current liabilities	497	346	455
Total equity and liabilities	1 225	1 213	1 123

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (SEK MILLION)

	2015-03-31	2014-03-31	2014-12-31
At beginning of year	552	725	725
Comprehensive income for the period
Profit/loss for the period	44	32	137
Other comprehensive income for the period	-1	1	14
Comprehensive income for the period	43	33	151
Dividends paid	-	-	-92
Redemption of shares	-	-	-231
At the end of the period	595	757	552

CONDENSED CONSOLIDATED CASH FLOW STATEMENT (SEK MILLION)

	Jan-	Jan
	March	March	Q4	Q3	Q2	Trailing	Full year
	2015	2014	2014	2014	2014	12 mth	2014
Operating cash flows
before movements in working capital	57	44	59	45	33	194	182
Movements in working capital	-17	-2	5	-35	1	-46	-31
Operating cash
flows	40	43	64	10	35	148	151
Investing cash flows	-20	-25	-10	1	-9	-38	-43
Cash flows after
investing activities	19	17	53	11	26	110	108
Financing cash
flows
- Change in financial liabilities	0	7	-32	-1	147	114	121
- Dividends paid	-	-	-	-	-92	-92	-92
- Redemption of shares	-	-	-	-	-231	-231	-231
Financing cash flow	0	7	-32	-1	-176	-210	-203
Cash flow for the period	19	25	21	10	-150	-100	-94
Cash and cash equivalents at the beginning of the period	80	173	59	49	198	198	173
Exchange rate difference	0	0	0	1	1		1 2
Cash and cash equivalents at the end of the
period	99	198	80	59	49	99	80

KEY PERFORMANCE INDICATORS

	Jan-	Jan
	March	March	Q4	Q3	Q2	Trailing	Full year
	2015	2014	2014	2014	2014	12 mth	2014
Return on equity, %	7,7	4,3	5,1	5,8	6,2	24,8	21,4
Return on capital employed, % **	7,6	5,5	6,0	6,4	6,2	26,2	24,1
Return on total capital % ***	5,4	4,1	4,7	4,5	4,5	19,1	17,8
Equity/assets ratio, %	48,6	62,4					49,1
Earnings per outstanding share, SEK	1,90	1,38	1,56	1,65	1,33	6,44	5,92
Earnings per total shares, SEK	1,90	1,38	1,55	1,65	1,32	6,42	5,90
Equity per total shares, SEK	25,67	32,69					23,82
Average number of outstanding shares (thousands)	23 107	23 107	23 107	23 107	23 107	23 107	23 107
Average total shares (thousands)	23 169	23 169	23 169	23 169	23 169	23 169	23 169
Operating margin, %	10,2	9,1	9,1	10,9	8,9	9,8	9,5
EBITA-margin, % *	11,1	10,0	9,9	11,9	9,9	10,7	10,4

* Definition of EBITA margin; EBITA divided by net sales.

EBITA = Operating profit before amortisation of acquisition-related intangible fixed assets.

**EBITA plus finance income as a percentage of average capital employed.

***EBITA plus finance income as a percentage of average total capital.

The Parent Company's performance and financial position

CONDENSED INCOME STATEMENT AND OTHER COMPREHENSIVE INCOME OF THE PARENT COMPANY (SEK MILLION)

	Jan- March	Jan		Q3		Trailing 12 mth	Full year 2014
		March	Q4		Q2
	2015	2014	2014	2014	2014
Net sales	7	7	19	7	7	39	39
Operating costs	-10	-11	-10	-10	-11	-42	-42
Depreciation	-2	-2	-2	-2	-2	-7	-7
Operating profit	-5	-6	7	-5	-6	-10	-10
Income from investments
in Group companies	-	-	20	-	4	24	14
Net financial income/expense	0	0	-1	0	0	-1	-1
Profit/loss after
financial items	-5	-5	26	-5	-3	13	3
Year-end appropriations	-	-	129	-		- 129	129
Pre-tax profit/(loss)	-5	-5	126	15	-3	132	132
Tax	1	1	-30	1	1	-27	-27
Profit/loss for the period	-4	-4	96	16	-2	106	106

Comprehensive income for the period corresponds with the profit/loss for the period.

CONDENSED BALANCE SHEET OF THE PARENT COMPANY (SEK MILLION)

Assets	2015-03-31	2014-03-31	2014-12-31
Intangible fixed assets	19	22	20
Property, plant and equipment	19	21	19
Financial assets	371	360	371
Total fixed assets	409	403	410
Current receivables	269	219	257
Cash on hand and demand deposits	0	142	0
Total current assets	269	361	257
Total assets	678	764	667
Equity and liabilities
Equity	178	395	182
Untaxed reserves	191	177	191
Deferred tax liabilities	2	2	2
Non-current non-interest-bearing liabilities	8	8	10
Total non-current liabilities	8	8	10
Current interest-bearing liabilities	117	-	110
Current non-interest-bearing liabilities	182	182	171
Total current liabilities	299	182	282
Total equity and liabilities	678	764	667
Pledged assets	7,5	7,5	7,5
Contingent liabilities	230	194	221

One of Europe's leading technology trading companies with 30 operating entities in 14 countries

For 40 years, OEM's idea has been to serve as a link that creates value between customers and manufacturers of industrial components and systems. Over the years, the company has grown from a small, familyowned business in Tranås in southern Sweden into an international technology trading group operating in 14 countries in northern Europe, Central Eastern Europe, the UK and China. OEM has partnerships with more than 300 leading and specialist manufacturers and is responsible for their sales in selected markets. Its range comprises more than 25,000 products in the areas of electrical components, flow components, motors and transmissions, ball bearings and seals, appliance components and lighting. The Group has a customer base of more than 20,000 businesses, primarily in the manufacturing sector. The company's high level of expertise enables it to help customers increase purchasing efficiency and choose the right components.

www.oem.se