Rehobot group acquired by J2L

Rehobot AB, the parent company of Rehobot Hydraulics AB and Simson Power Tools AB, was acquired by J2L Holding AB on 9 January 2023.

Rehobot Hydraulics, based in Eskilstuna, Sweden, develops, manufactures and sells innovative products and systems in high-pressure hydraulics for use in service and maintenance applications. The company, which is the market leader in the Nordic region, exports its products worldwide with sales in some 50 countries. Rehobot Hydraulics' roots go back to 1924 and since then it has offered products and solutions that include high-pressure hydraulic pumps, cylinders, tools and rescue equipment. Rehobot Hydraulics, through sister companies, has its own sales offices and warehouses in the US and UK.

The group also includes Simson Power Tools, based in Hofors, Sweden, which back in the mid-1950s developed a hydraulic jack that combined low weight with high lifting capacity. In the decades since then, much has changed, although the principle remains the same: to combine great power with good design and high quality. Simson Power Tools has, through sister companies, its own sales office and warehouse in Germany.

Kjell-Roger Holmström, CEO of Obadja AB and former owner, says: "The Rehobot Group has a history of almost a century and, with these two brands, forms part of Swedish industrial history. It has been a decisive factor in the sales process to ensure that the companies have solid conditions to continue their journey with high quality and production in Sweden. The Rehobot Group has a competent and knowledgeable staff and it is my strong conviction that J2L Holding AB is the right owner to continue to build and develop Rehobot in the best way."

J2L Holding AB is a family-owned investment company that operates and develops small to medium-sized companies with a focus on industrial and trading companies.  

Johan Lindh, CEO of J2L Holding AB, said: "With its long history and solid expertise, the Rehobot Group has created products that are synonymous with quality and durability for customers. We are very pleased to become the new owners of the Rehobot Group and look forward, together with management and staff, to creating the conditions for successfully continuing the almost hundred-year journey that the company has embarked on."

For further information or comments, please contact:

• Johan Lindh, CEO of J2L Holding AB on telephone 08-463 06 00 or e-mail johan.lindh@j2l.se
• Kjell-Roger Holmström, CEO of Obadja AB on telephone 0708-400 800 or e-mail krh@obadja.se
• Filip Redéen, CEO of Rehobot AB on telephone 016-16 82 33 or e-mail filip.redeen@rehobot.se

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