LK Systems AB acquires Flooré AB 

9 May, 2023
Featured image for “LK Systems AB acquires Flooré AB ”

LK Systems AB – the Nordic market leader in solutions for heating and potable water systems – has acquired Flooré AB. Flooré will continue to run its operations unchanged. Thanks to this partnership, both companies will be able to create new opportunities through the gradual expansion of its sustainability work, market, and product range. 

“We are looking forward to the partnership with LK and the opportunities that we will create together with LK Systems. Together with LK, we can provide benefit to one another and develop even more within our respective areas,” says Hannele Arvonen, CEO of Flooré AB. 

The acquisition provides further impetus for LK Systems’ sustainability work, thanks to both development and in-house automated manufacture of panels for hydronic underfloor heating. LK Systems’ customers will also get access to an even more climate-smart and complete underfloor heating range. 

“The acquisition of Flooré AB is yet another step towards our strategic plan to create growth by broadening our offer and developing more sustainable solutions. With our own development and automated manufacture underfloor heating panels for hydronic underfloor heating, we can offer more sustainable solutions – in particular through the development of new, eco-friendly materials. We also see a great opportunity to develop our export business together with Flooré. Overall, this is a really exciting acquisition that provides both companies with significant scope for development, and we would like to welcome the Flooré employees to the LK family,” says Michael Söderberg, CEO of LK Systems AB.