The history of Nordic Drives Group

Nordic Drives Group started with a vision of consolidating top-tier companies within the sales and aftermarket of electric motors and frequency converters. The focus is on maintaining the entrepreneurial spirit and management in the group companies while adding benefits from the larger Group regarding collaborations and synergies.

The Nordic Drives Group of companies was established in November 2021 with the first acquisition of two aftermarket companies in mid-Sweden. During 2022 four additional acquisitions were made within the aftermarket services segment. In late 2022, Fabrika A/S joined the Group, and the original equipment manufacturer (OEM) vertical was added, with the ability to have its electric motors manufactured.

In 2023 a management team was put together to take charge, prepare the Group for expansion, execute the initial plans, and refine the strategy for the future. They were furthermore, realizing synergies within the Group and introducing supply chain gains due to Group size. During 2023, two acquisitions were made in the aftermarket vertical, one in Sweden and one in Denmark. In the first half of 2024, an additional acquisition was made in Denmark to strengthen the aftermarket vertical further.

Visit the companies section for a comprehensive list of all Group companies and to learn more about each company's offer.

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