Part of the XANO group
On 2 November 2020, XANO became the sole shareholder of Modellteknik, which is now incorporated in the Precision Technology division. This acquisition added additional technological expertise and capacity, enabling the division to meet customer demand for fulfilment of the entire value chain, from prototype to batch run, thereby boosting the group-wide proposition. Today, Modellteknik serves a number of customers already established within the Precision Technology division, but under the wider XANO group has also gained access to new market segments.
With a strongly positioned long-term owner in XANO, Modellteknik has gained opportunities for further development and growth. The former owner, Roger Andersson, who ran the company for 25 years, will continue to serve Modellteknik as managing director until mid-2021.