Tokvam acquires the rights to Ilsbo chain mulcher

Img 2455

Publisert 07.08.20

Tokvam AS acquires product and brand rights from the renowned and market-leading Swedish chain mulcher manufacturer Ilsbo Tools AB.

Tokvam acquires the products rights of Ilsbo chain mulchers from 1 January 2021!

This also means the rights to the brand name Ilsbo Tools and the dealer agreements with Lantmännen in Sweden and Eik Maskin in Norway.

"We are very pleased and humbled by this opportunity. Ilsbo Tools is a company we have known and followed for a long time and the products fit Tokvam very well. We will have a strong focus on further development of the machines to accelerate growth. We also see that this is a market segment we want to have far more focus on in the future. In this context, we are very pleased that we have more resources from Ilsbo for the next 2-3 years, including owner, entrepreneur and product developer Leif Andersson" says CEO, Finn Kristian Tokvam

We have had clear goals in Tokvam to continue the international growth and in addition reduce the product risk with more products sold in the summer. With this acquisition, we are taking a big step in this direction. In 2021, summer products can account for more than 25% of the total turnover.

We think this is very exciting and we are looking forward to see where this can take us!

More information about Ilsbo Tools AB: http://ilsbotools.se/en/company/

If you have further questions, contact Tokvam's CEO, Finn Kristian Tokvam. Tel. +47 91 60 55 37 or email finn.kristian@tokvam.no 

Img 2951
Ilsbo Light 3