Operations
Market strength and strong comprehensive offerings
B&B TOOLS is the largest supplier of industrial consumables, industrial components and related services to Nordic industry. The operations are based on highly decentralised business responsibility. This responsibility is managed by experienced organisations with enthusiastic and knowledgeable managers and employees, who represent a combination of competence, entrepreneurship, profitability and development.
While daily operations are decentralised, all companies and individuals have maintained a common vision and coordinated development agenda.
Active role in the consolidation – corporate acquisitions
Since 2002, B&B TOOLS has played an active part in the consolidation of the industry through such measures as an active acquisition strategy. During the past five years, B&B TOOLS has acquired some 100 businesses in the Nordic region, of which 27 were acquired during the 2007/2008 operating year. Since 2005/2006, average revenue growth for the Group has been 33 percent annually, with organic growth accounting for 12 percent and acquired growth accounting for 21 percent.
Market strength – Markets
With the industrial resellers in TOOLS and the district offices of TOOLS Momentum, B&B TOOLS is currently represented in more than 200 locations in Sweden, Norway and Finland. The Group’s own reseller operations are known within the Group as Market Companies.
Markets is the name of the operating area that is responsible for all processes related to industrial customers. Thus, Markets is responsible for the Group’s development of its market position at the reseller level. Accordingly, Markets organises all of the Market Companies and is in charge of development and operation of the TOOLS concept.
Strong comprehensive offerings – Products
B&B TOOLS has broad and deep product ranges. Competence is a key concept – one that comprises products, manufacturers, applications and related issues, such as safety. The companies that work on creating the Group’s offerings are known within the Group as Product Companies.
Products is the name of the operating area that is responsible for all processes that lead to complete product and service offerings.
Efficient flows of information and products – Services
Customer needs for effective IT and logistics solutions are met within the Group by the Services operating area. Services’ goal is to always provide customers with efficient and simple access to information, products and services.