Increased demand

Increased demand

Jan Brattberg, Managing Director Driveline Solutions

How would you summarise 2021?
“We entered 2021 with a strong order book and many positive expectations. Despite the challenges in the industry with constraints in material supply and transport of goods, we have ­managed well. We have seen a ­substantial increase in demand for our products, services and expertise. I am proud of the efforts from our people to make this happen.”

We see a strong trend towards ­hybrid and electrified drivelines with an increasing need for ­integration services.

What were the highlights?
“In the second half of 2021, we welcomed two new companies to the Driveline Solutions family, MIAS Filter and MIAS Cylinderfabrik. During the year, we have also initiated a new forum concept for collaboration and knowledgesharing within Driveline Solutions, to further develop group synergies. We also have a number of new and exciting projects in driveline electrification and welcomed many talented employees to our companies.”

Where is the best potential for ­further growth?
“The main markets for Driveline Solutions remain positive. We will continue our efforts towards more sustainable solutions, and we see a strong trend towards hybrid and electrified drivelines with an ­increasing need for integration services. We are also working towards a more comprehensive technical ­offering to build extended customer value in our group companies. At the same time, we want to grow by acquiring new companies with the right skillset, mindset and offering to the market.” 

OVERVIEW




Driveline
Solutions
The Driveline Solutions business group is a leading provider of ­solutions found in mobile off-highway, ­marine and industrial ­applications. The companies within the group provide complete driveline ­solutions that cover all aspects of the value chain, from OEM ­supply to maintenance and repair service in the aftermarket.
8
COUNTRIES
273
EMPLOYEES
72
MILLION EUR IN
ANNUAL SALES
we are driveline solutions
Elforest AB, SE
IOW Bulgaria Ltd, BG
IOW CZ S.R.O, CZ
IOW SERVICE Sp. z.o.o., PL
IOW TRADE Sp. z.o.o., PL
Marine & Industrial Transmissions Ltd, GB
MIAS Cylinderfabrik AB, SE
MIAS Filter AB, SE
MIAS Group AB, SE
Progress Ingeniørfirma AS, NO
Trans-Auto AB, SE
Trans-Auto OY, FI

Private label
underpins growth

Polish driveline company IOW Trade launched a successful private label that has attracted a highly committed customer base due to its competitive pricing and reliability. Being part of Driveline Solutions has also helped grow the brand thanks to collaboration and cross-selling of products with other sister companies.

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Industry experts in the making

In the complex marine driveline market, knowledge is crucial.
Trans-Auto has invested in knowledge-sharing to ensure that the know-how of senior colleagues is not lost. This is part of the company’s effort to keep important know-how in the company and support the development of younger talents.

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