DUROC Acquires Chuckcenter i Ängelholm AB – Strengthens Position as Supplier to the Engineering Industry
Stockholm July 2, 2025
Duroc AB has entered into an agreement to acquire all shares in Chuckcenter i Ängelholm AB, “Chuckcenter,” one of Scandinavia’s most comprehensive suppliers of tool holding systems.
During the most recent fiscal year, Chuckcenter reported sales of approximately SEK 27 million with EBIT of around SEK 1.6 million and employs six people. The acquisition is expected to be completed on September 1, 2025.
The purchase price amounts to approximately SEK 11.2 million, with a potential earn-out based on performance targets achieved over a three-year period. The acquisition will be financed through existing funds. Chuckcenter will be consolidated into Duroc’s reporting under the business segment Smaller Company Portfolio.
” We are very pleased to welcome Chuckcenter to the Duroc Group. Their strong brand portfolio, technical expertise, and market position in tool holding systems complement our existing operations very well. Together, we can create an even more attractive offering for our customers in Northern Europe.”
– John Häger, CEO Duroc
Chuckcenter has, over several decades, built up a comprehensive range of well-renowned suppliers in tool holding systems and is well known for its technical support and availability.
” Becoming part of Duroc brings new opportunities to grow with a larger industrial partner. We look forward to combining our strengths and continuing to deliver first-class solutions to the industry.”
– Patrik Andersson, CEO, Chuckcenter
The transaction is in line with Duroc’s growth strategy, which includes selective acquisitions of companies within the industrial trading segment that have strong market positions, profitability, and technological advantages in their niches.
Stockholm July 2, 2025
John Häger
CEO
+46-702 48 72 99
john.hager@durocgroup.com
Duroc acquires, develops, and manages companies with a focus on industry and trade. With deep expertise in technology and market dynamics, the group’s companies aim for a strong position in their respective sectors. As an owner, Duroc actively contributes to their development. Duroc is listed on Nasdaq Stockholm (ticker symbol DURC). www.duroc.se
