2023-05-11

Industri- Teknik Bengt Fridh is acquired by INIVI

Weibull M&A was the seller’s advisor when INIVI AB acquired Industri- Teknik Bengt Fridh Aktiebolag on the 2 of May 2023.

Industri- Teknik Bengt Fridh Aktiebolag (ITBF) is a niche and market-leading manufacturing company that develops, constructs and supplies systems for, among other things, projects within direct and indirect process heating, preheating, various types of process gas and liquid purification and burner systems. The company has a long experience and high technical competence in solving many energy and process engineering problems in an innovative way. ITBF was founded in 1969 and most sales are exported through international partners. The company, which has a turnover of just over SEK 60 million, is based in Arlöv and has 23 employees.