KBV today announces a major milestone in its history. Following a valuable period of collaboration and support, ABAC has sold its ownership stake in KBV to Ballingslöv International, one of Europe’s leading kitchen, bathroom and storage groups and part of the Stena Group.
This transaction marks the beginning of a new chapter for KBV, built on continuity, growth and a long-term industrial vision.
Over the past several years, ABAC has played a key role in KBV’s development, helping strengthen the company and laying the foundations for this new phase. KBV sincerely thanks ABAC for its trust, commitment and support throughout this journey.
Joining Ballingslöv International gives KBV the opportunity to accelerate the path it has already begun. The company will maintain its strategy, teams, brands and identity while benefiting from the industrial expertise, sector knowledge and financial strength of an international group with a clear long-term commitment to growth.
“KBV is an excellent strategic fit for Ballingslöv International. The company strengthens our European platform, brings valuable capabilities and offers significant opportunities for continued growth. Thanks to our decentralized business model and our long-term industrial ownership philosophy, we believe Ballingslöv International is the right partner to support KBV in its next stage. ”
said Björn Hauber, CEO of Ballingslöv International.
Being part of a larger industrial group will also provide greater resilience in an increasingly demanding market, further strengthening KBV’s ability to invest, develop and innovate.
The transaction also reflects a strong cultural alignment. KBV and Ballingslöv International share core values including entrepreneurship, customer proximity, operational excellence, people development and a strong commitment to sustainability.
“This is a major step forward for KBV. We will continue on our current path with the same strategy, ambition and entrepreneurial mindset, now backed by a stronger industrial platform that will enable us to accelerate our development and seize new opportunities ”
said Luis Vicens, CEO of KBV.
Ballingslöv International & Stena
Ballingslöv International
Ballingslöv International is a leading European group operating through a decentralized structure in the kitchen, bathroom and storage industry. Headquartered in Malmö, Sweden, it is part of the Stena Group through Stena Adactum.
The group employs approximately 1,400 people, operates seven business units and seven manufacturing facilities, serves 20 markets across Europe and Asia, and generates annual revenue of approximately €500 million.
The group has grown through a combination of organic development and strategic acquisitions, building a strong multi-brand platform in the home interiors market.
Its decentralized business model focuses on operational excellence, industrial expertise, collaboration across business units and long-term value creation.
Sustainability is a cornerstone of the group’s strategy, with a strong commitment to responsible sourcing, reducing environmental impact and employee well-being.
Stena
Stena is one of Sweden’s largest privately owned industrial groups, employing approximately 22,000 people worldwide and generating annual revenue of around €8 billion.
The group operates in shipping, logistics, offshore operations, real estate and industrial investments, with a long-term ownership and value creation philosophy.
Through Stena Adactum, the group supports industrial companies with financial strength, strategic vision and a long-term commitment, ensuring stability, resilience and the capacity for continued investment in growth.
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