NORDIC MARKET LEADER Ostnor, created from the merger of four companies in 2007, develops and manufactures taps and accessories. Having previously focused on two strong brands, this year the company added a third brand to its portfolio, as Industry Europe reports.
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stnor is the Nordic region’s leading mixer company, headquartered in Mora, Sweden. Its roots go back to 1927 – and some components of the company go back much further – but Ostnor as it exists today started a new chapter in 2007, when four companies were merged into one. The challenge then was to create a cohesive company with long-term and improved profitability, and a key developmental step was formulating and introducing collective fundamental values across the new group. Today, Ostnor has a very strong position in its home market of Sweden, where it makes 75 per cent of its sales. The Nordic countries outside Sweden are also strong
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markets, with 17 per cent of sales going to Norway, Denmark and Finland. Its turnover for 2013 amounted to SEK 824 million.
Well-established brands Ostnor develops and manufactures a wide range of taps and accessories, with the consistent theme of operations being leading-edge technology, high quality, attractive design and eco-friendliness. Marketing is through the strong, well-established product brands FM Mattsson and Mora Armatur – the strength of these brands is one of the group’s most valuable assets. Outside the Nordic region, the FM Mattsson and Mora Armatur brands primarily occupy niches in
