A flat organization with a minimum of bureaucracy

Lifco’s over 160 subsidiaries are managed independently. They have full responsibility for purchasing, distribution, sales, working capital, short-term investments and human resources. The CEOs of our subsidiaries report to the CEO of Lifco Group or the Head of Business Area Systems Solutions.

Lifco’s Group Management Team includes the CEO, CFO, Head of Business Area Systems Solutions and Head of Acquisitions.

Principles for governance

The right person in the right position

Motivated managers with clear target focus and a strong drive to deliver.

Minimize bureaucracy

A flat organization with swift decision-making where management is close to customers and market.

What we measure will be improved

Focus on a few, clear key performance indicators.

Lifco offers a safe haven for small and medium-sized businesses. Lifco’s business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy implying that the company has a long-term view on its holdings, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At the end of 2019 the Lifco Group consisted of 164 operating companies in 30 countries. In 2019 Lifco reported an EBITA margin of 18.2 per cent on net sales of SEK 13.9 billion.

 

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LIFCO AB
Verkmästaregatan 1
745 85 Enköping, Sweden
ir@lifco.se
+46 72 717 59 33
Org.nr: 556465-3185

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