NordChain has roots from Gunnebo 1764
NordChain is Swedens new traction chain! At the same time it’s Swedens oldest, with roots in Gunnebo in Småland. In 1764 Hans Hultman started the production of nails in Gunnebo, 10 km south of Västervik. For a long time nails was the main product sold to the shipyards in Västervik. In 1855 Gunnebo Bruk started production of chains. The forestry industry became a growing user of “Gunnebo-chains” mostly for fastening at log floating and transport.
Traction chains since 1930
In the end of the 1920’s Gunnebo Bruk started the development of traction chains for cars, buses and trucks that then became more common on Swedish winter roads. From 1930 there was a complete program of “Gunnebo traction chains” on the market. This is why we have chosen 1930 as our “birth year” shown in our new NordChain logo. When tractors became more common in agriculture after the second world war Gunnebo became the main distributor of traction chains. The chains were used all year round, both during winter and during plowing and harvesting time.
The first forwarder had Gunnebo-chains
At the beginning of the 1960’s the first forwarder was developed for the Swedish forestry industry. At the same time Gunnebo developed suitable traction chains, and this work still continues! At the same pace as the forestry machines change, our chains are continually developed for optimal grip, protection and endurance.
250 years of development
Since the start back in 1764 there have been changes in ownership, production facilities and sales sites as the business has grown. In 2008 Gunnebo Industrier AB was bought by Segulah, a Swedish private equity firm. 2012 the production of traction chains and bogie tracks became a separate company, Nordic Traction AB, within Gunnebo Industrier Holding. The production of traction chains in located outside of Turku in Finland and the bogie tracks are produced in Scotland. In total there are approximately 100 employees within Nordic Traction AB and with revenue of around 20 million euro.
Recently the private equity company Accent Equity Partners has bought Nordic Traction AB from Segulah. The brand of Gunnebo was not included in this purchase since the rights are owned by Gunnebo AB. Therefore the brand name is now changed to NordChain.
Everything else is the same
The change of owner does not change anything in the day to day work in Nordic Traction AB. In Gunnebo it is the same work force as before. The objectives are as before; to develop, market and sell via our resellers both NordChain traction chains and Clark Tracks bogie tracks.
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