Simplified construction since 1959
History
Lindab Group's history stretches back over 60 years, when a small sheet metal workshop was founded in Lidhult, Sweden in 1956. The business later moved to Grevie on the Bjäre Peninsula where AB Lidhults Plåtsindustri was registered as a company in 1959 with Lage Lindh and Valter Persson as founders. 10 years later, AB Lidhults Plåtindustri was renamed Lindab.
It has been eventful years and an exciting journey. With core values such as Down to earth, Neatness and order and Customer success, Lindab Group has developed from a small workshop to an international, public company.
1959
The company is founded on a sunny February day in Grevie, in 1959. The first products being produced are aluminum strips for eternit plates and window flashings.
1962
The serial production of gutters and pipes is expanded, and the number of employees is increasing. Plans to build a new factory are also starting to grow.
1964
The new factory on Ängelholmsvägen on the Bjäre peninsula is officially opened, and the guttering bracket is launched.
The company is now the only supplier in Sweden that can offer a complete roof drainage program.
1965
A new business area, Ventilation, is added, and spiral-seamed ventilation ducts are launched.
1969
AB Lidhults Plåtindustri changes name to Lindab, and Lage Lind becomes the sole owner.
The company is now Scandinavia’s largest producer of factory-made sheet metal parts.
1974
The production of roof drainage and roof profiles is moved to Förslöv, 7 km south of Grevie.
The Swedish company Svenska Fläktfabriken launches a "rubber-sealed" duct system, and Lindab immediately initiates its own development in the area.
1975
A new ventilation factory is being built in Haderslev, Denmark, while the factories in Grevie and Förslöv are being expanded. At the same time, the adaptation of the duct system for the Eurovent standard is initiated.
1976
The rubber-tight system LINDAB Safe is launched, and 2000 of Lindab’s ventilation products are now in accordance with the new Eurovent standard. At the same time, several new sales offices open in Germany and Norway.
1982
Lindab buys the company VM group, after first having acquired 40 % of its shares two years prior. Local services and warehouses around Sweden is now the focus. In total, there are now 13 branches in Sweden, and a door-to-door lorry delivery system is being launched. The image displays what is now Lindab's sales store and warehouse in Årsta, Stockholm.
1986
Circular duct systems are now Lindab's largest product and the first steel stud is launched. Both of the Danish factories in Haderslev and Farum are being expanded to meet the increased demand for Lindab's products.
1988
Lindab's sales surpasses the billion-SEK mark. Lindab Steel is formed and becomes the Lindab Group's steel service center.
A state-of-the-art press hall in Grevie is opened.
1990
A European investment in roof- and wall systems is initiated and Lindab gets established in Hungary. That same year, roof tiles, exterior wall studs as well as doors are being launched.
1994
Lindab continues to grow in Eastern Europe. In the recent years, subsidiaries have been established in Romania, Poland, the Czech Republic and the United States. The Roof / Wall System business area becomes Profile.
1997
Lindab is now represented in 18 countries in 101 locations. IT programs for both the Profile business area and the Ventilation business area are launched.
1999
Lindab has launched the roof drainage system Rainline, and the sound lab in Farum, Denmark, is being expanded.
2004
Sales in Eastern Europe surpasses the billion-SEK mark, and Rainline is the market leader in both the Nordic region as well as Eastern Europe.
2006
The Lindab share makes a comeback on the Stockholm Stock Exchange, and "We simplify construction" becomes Lindab's new catchphrase. The company's products are now available in 1,700 sales stores.
2007
Lindab Safe Click is launched at the ISH fair in Germany, and a new ventilation factory is opened in St. Petersburg, Russia. Lindab acquires the company Aervent Holdings which gives Lindab a leading position in Ireland.
2008
A year of launches. The RdBX stud, the Premium facade cassette and the Aerodim sound beam are being launched.
2012
Lindab acquires most of company Plannja's sandwich panel production- and sales organization. This is also the year when Centrum Klima in Poland is acquired.
2015
Lindab buys the Italian company MP3, which despite its name doesn’t have anything to do with digital audio files, but a producer of fire dampers for ventilation systems. The company IMP Klima in Slovenia is also acquired, and their main product air handling unit enables Lindab to now offer complete ventilation systems from start to finish.
2016
The product UltraLink is launched and awarded the very next year at the Great Indoor Climate Gala for its revolutionary measurement technology.
2017
Lindab's new warehouse and distribution center is inaugurated on the factory grounds in Grevie. The automated system improves the accuracy of deliveries and increases the efficiency.
2019
Lindab celebrates 60 years of simplified construction with employees, customers and partners! In 60 years, Lindab has grown from a small sheet metal industry in north western Skåne, Sweden to a group with over 5,000 employees. 2019 is also the year when Lindab combines its proven technology for high-quality sheet metal roofs with millimeter-thin solar panels in Lindab SolarRoof. The solar panels are so thin that they become an integrated part of the roof.
2020
Lindab launches the largest investment program in the company's history with the aim of achieving increased efficiency, capacity and security. As part of the strategy to increase profitability, operations are focused on fewer countries in Europe. IMP Klima in Slovenia is sold off due to low profitability. Four well-run ventilation companies are acquired - Ekovent, Crenna, Aer Faber and Thor Duct. Lindab will also become a partner in Leapcraft, which is an expert in analysis of indoor climate. 2020 is also the year when Lindab reaches a 10 percent operating margin, after many years of low profitability.
2020-2025
A strong financial position enables acquisitions, and during this five-year period, Lindab embarks on an intensive acquisition journey within the ventilation industry. The European ventilation industry comprises many small companies, and the Lindab Group spearheads consolidation by acquiring around 30 well-managed and successful European companies. Major strategic acquisitions include Danish Airmaster, German Felderer and Dutch R-Vent. These acquisitions strengthen and complement Lindab's existing product range, further broadening its ventilation offering. The plan is to continue this journey of acquisitions in the coming years.