Livingstone advises Trejon on the sale to Salix Group

Livingstone has acted as exclusive M&A advisor to the owners of Trejon Försäljnings AB (Trejon) in the divestiture to Salix Group, a Volati business segment. Based on the company’s strong brand and market position, Livingstone led an auction process, which, through the team’s extensive knowledge of the sector, resulted in a successful transaction. The transaction marks the beginning of an exciting new era for Trejon, where the company is set to continue its growth journey and development under the business area Agriculture, Forest & Garden.

Trejon is a leading producer and distributor of machinery and equipment in agriculture, forestry, and construction. With a heritage dating back to the 1940s in Vännäs, the company has established a strong foundation as a trusted and reliable partner within the sector. The company has over 75 sales locations in Sweden and Europe, with a total turnover of approximately SEK 300 million ($29 million) in the financial year 2022/23.

Salix Group is a trading group that is part of Nasdaq Stockholm-listed Volati. The acquisition is an add-on acquisition for Salix Group. Together with the existing operations in Kellfri, the acquisition strengthens Salix Group’s position in the forestry and agricultural machinery segment, creating synergies in several areas.

”Joining Salix Group is a significant milestone for Trejon. It allows us to expand and improve our offerings while adhering to our traditions and values. We look forward to working side by side with the other companies within Salix Group’s business area, Agriculture, Forest & Garden, to further strengthen our position in the market,” says Henrik Johansson, owner and CEO of Trejon.

Livingstone’s team thereby completes another transaction in the machinery and equipment sector, following, among others, the sale of Holms Attachments to Ejendal Invest.

Livingstone was the exclusive M&A advisor, and WSA was Trejon’s legal advisor in the sales process.