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Press release

Ratos Company Semcon secures new orders with a value of SEK 472 million - nearly doubles its operations in Brazil

Ratos

Semcon has secured three orders from a prominent provider in the mobility sector and is supporting the customer’s green transition as a strategic technology partner. The new orders cover services in the areas of e-Mobility, production, logistics, and quality management.

Semcon will support the customer in several different areas of expertise, including electrification, manufacturing, logistics and quality management. The three new orders have a value of approximately BRL 248 million (approximately SEK 472 million with a SEK/BRL rate of 1.90) over a three-year period.

“It is a strong statement that Semcon is gaining continued trust and growing in Brazil. The comprehensive offer Semcon has is clearly attractive and it also bodes well for the future,” says Anders Slettengren, Chairman of the Board of Semcon, and Executive Vice President, Ratos.

Semcon has long experience as a partner to global so-called Original Equipment Manufacturers (OEM), companies that manufacture various types of machines and equipment using components from subcontractors. Semcon offers expertise covering all development phases.

“I am grateful for the confidence the customer has shown in us as a technology partner. Semcon is at the forefront of developments in the sector, and we have many valuable perspectives to contribute to the customer’s green transition,” says Markus Granlund, President and CEO at Semcon.

A prerequisite for developing the mobility of the future is that manufacturers take advantage of new technologies that make tomorrow's vehicles connected, electrified and sustainable. The sector is undergoing its greatest transformation yet, and many providers are striving for circularity and are committed to becoming net-zero within the foreseeable future. Semcon is dedicated to supporting this transformation by contributing its expertise and experience.

About Semcon
Semcon is an international technology partner for companies and organizations in transformation. The company combines engineering expertise, digital services and sustainability know-how in a unique offering for product, production and service development. Always based on human needs and behavior. Their experts and cross-functional teams make their customers more competitive and improve the user experience and sustainability of their solutions. Because a sustainable future requires innovative thinking and new perspectives. Semcon has approximately 1,600 employees in more than 20 offices in Sweden, Norway and Brazil. Read more at www.semcon.com.

For more information, please contact:
Josefine Uppling, VP Communication & Sustainability, Ratos, +46 76 114 54 21

About Ratos
Ratos is a Swedish business group focusing on technological and infrastructure solutions, consisting of 17 companies divided into three business areas: Construction & Services, Industry and Consumer. The companies have approximately SEK 33 billion in net sales (June LTM). We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in Execution and It’s All About People. We enable independent subsidiaries to excel by being part of something larger. People, leadership, culture and values are key focus areas.

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Ratos Company Semcon secures new orders with a value of SEK 472 million - nearly doubles its operations in Brazil

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