- Business
- Duroc AB (publ) (DURC-B.ST) is a Sweden-based investment company that acquires, develops and manages industrial and trading companies focused on niche markets in machine tools, railway maintenance, fiber production, coated textiles and specialized engineering services. Founded in 1987 and headquartered in Stockholm, the company operates through a decentralized group of subsidiaries serving customers in the Nordics, Baltics, Europe, North America and select international markets, including mechanical engineering firms, rail operators, construction, automotive, furniture, filtration, agriculture and protective apparel sectors. Its core subsidiaries and offerings include Duroc Machine Tool, a leading supplier of machine tools, automation solutions, tools, service and support in Sweden, Norway, Denmark, Finland, Estonia, Latvia and Lithuania; Duroc Rail, providing maintenance services for railway wheels and components of locomotives, passenger and freight cars primarily in northern Sweden; Broddson, specializing in street-sweeping machines and road maintenance equipment; the Smaller Company Portfolio encompassing Duroc Laser Coating for laser surface treatment and industrial component renovation, Universal Power Nordic for diesel engines, spare parts, service and repairs for industrial and marine applications, Herber Engineering, Robot Nordic and Chuckcenter for tooling and engineering solutions; International Fibres Group, producing polypropylene-based staple fibers and yarns for construction, furniture, filtration and automotive uses; Drake Extrusion, manufacturing polypropylene-based colored filament yarn and staple fibers primarily for North American furniture and synthetic fabric producers; Cresco, developing fiber-based textiles for professional crop cultivation, greenhouses and composting; and Plastibert, supplying PVC- and PU-coated textiles for automotive interiors, fashion, protective clothing, hospital beds, dental chairs, furniture and wall coverings. In recent strategic developments, Duroc completed the acquisition of Chuckcenter i Ängelholm AB in September 2025, integrating it into the Smaller Company Portfolio to bolster its engineering industry presence in Northern Europe; entered a partnership with LKAB, under which LKAB acquired 49% of Duroc Rail for approximately SEK 75 million while Duroc retains 51% majority ownership and both parties commit up to SEK 200 million for a new production facility in Luleå; and initiated portfolio rebalancing in late 2024 by announcing plans to divest fiber businesses Drake Extrusion and International Fibres Group to focus on industrial and trade units, with the divestment process ongoing as of mid-2025.