What Hagens Spring Group does

Hagens Spring Group is a third-generation family-owned Danish manufacturer of precision springs, stamping parts, and metal components, founded in 1945 and headquartered in Støvring, Denmark. The company produces custom-engineered springs (compression, tension, torsion, pick-up, clock, disc, die, and wave), wire-formed parts (harrow tines, locking rings, pins, tubes), stamping components (brake wear indicators, screw terminals, building industry items), and assembled units (bonnet strikers, pillar loops, wheel axes). Manufacturing is conducted at four production facilities across Denmark (Støvring, Glostrup), Sweden (Torsås), Hungary (Tardos), and China (Ningbo), using materials compliant with EN 10270-1/2/3 standards and specialty alloys such as Elgiloy, Hastelloy C-276, and Inconel X-750, with wire diameter capabilities ranging from 0.2mm to 25.0mm.

The company operates as a bespoke contract manufacturer, generating revenue through direct one-off orders priced per quotation based on specifications, materials, surface treatments, and volumes. It sells exclusively through enterprise field sales — Account Managers, Key Account Managers, and Sales Engineers positioned in Denmark, Sweden, Hungary, and China — directly to automotive OEMs and Tier 1 suppliers, industrial manufacturers, agricultural equipment producers, and medical device companies. The go-to-market model emphasizes close customer partnership from development through production, supported by advanced quality inspection (CMM, salt spray, life cycle and relaxation testing), PPAP documentation, and a comprehensive certification portfolio including ISO 9001, IATF 16949, ISO 14001, ISO 45001, ISO 13485, and an EcoVadis COMMITTED sustainability badge.

Growth has been pursued primarily through acquisition: Spring Systems in Sweden was acquired in 2017, and Balyfa in Denmark and Hungary was acquired in 2022, alongside organic expansion into the health/medical device vertical. With approximately 250 employees worldwide, the group serves global customers across four primary verticals — automotive, industrial, agriculture, and health — and does not disclose revenue publicly.

Name

Hagens Spring Group

Legal name

Hagens A/S

Website

https://hagens.com

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

51–100 employees

Short description

Hagens Spring Group is a third-generation Danish family-owned custom manufacturer of precision springs, stamping parts, and metal components, serving automotive, industrial, agricultural, and medical device customers worldwide from production facilities in Denmark, Sweden, Hungary, and China.

Ownership category

akta.pro rank

Headquarters

HQ city

Støvring

HQ country

Denmark

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom Spring Manufacturing: Bespoke manufacturing of springs (compression, tension, torsion, clock, disc, die, wave, pick-up) and metal components (stamping parts, wire parts, tubes, pins, locking rings) according to customer specifications. Products sold directly to automotive OEMs, tier 1 suppliers, industrial manufacturers, agricultural equipment producers, and medical device companies. Revenue is transaction-based with custom orders.
2. Stamped Components: Manufacturing of stamped parts including brake wear indicators, screw terminals, and building industry components. Direct supply to automotive manufacturers and industrial customers.
3. Assembly Components: Pre-assembled components including bonnet strikers, pillar loops, grass catcher bags, and wheel axes for automotive and lawn care applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Hagens Spring Group is a bespoke manufacturer of specialized springs, clips, and metal components produced to customer specifications. Its product portfolio spans compression, tension, torsion, pick-up, clock, disc, die, and wave springs alongside wire-formed parts (locking rings, pins, tubes, harrow tines), stamping parts (brake wear indicators, screw terminals, building-industry components), and assembled sub-components (bonnet strikers, pillar loops, grass catcher bags, wheel axes, pre-heater air inlets, medical and auto-injector springs). Products are supplied to automotive OEMs and tier 1 suppliers, industrial manufacturers, agricultural equipment producers, and medical device companies, with wire diameters from 0.2 mm to 25.0 mm and production certified to IATF 16949 and ISO 13485.

Product overview

Hagens Spring Group is a third-generation family-owned company founded in 1945, specializing in the design and manufacture of precision springs, clips, and metal components. The product portfolio consists of four main categories: (1) Wire Springs including Compression Springs (0.1-25mm wire diameter), Tension Springs (1.0-25mm wire diameter), Pick-up Springs (up to 18mm thickness), and Torsion Springs (ø0.2-25mm); (2) Special Springs comprising Clock Springs (spiral springs for rotational energy), Disc Springs (Belleville/conical springs for high force in compact spaces), Die Springs (heavy-duty rectangular wire compression springs), and Wave Springs (space-saving alternative to compression springs); (3) Wire Parts including Harrow Tines/Harvester Tines (agricultural soil-working components), Locking Rings/Snap Rings (0.1-25mm thickness), Pins/Spring Separators (0.5-8mm thickness), and Tubes (5-50mm diameter, up to 2000mm length); and (4) Stamping Parts such as Brake Wear Indicators, Screw Terminals, and Building Industry Items. Additionally, the company offers Assembly products including Pre-heater Air Inlets, Bonnet Strikers, Grass Catcher Bags, Pillar Loops (for seat belts), and Wheel Axes (for robot lawn mowers). Specialized offerings include Medical Springs and Auto-injector Syringe Springs for the healthcare sector, as well as fully Custom Springs manufactured to customer specifications. Production facilities are located in Denmark (headquarters in Støvring, Glostrup), Hungary (Tardos), China (Ningbo), and Sweden (Torsås), serving automotive, industrial, agricultural, and health/medical device industries globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Compression Springs Wire compression springs in diameters from 0.1 mm to 25.00 mm, available in galvanized, painted, or custom finishes, designed for precision applications and heavy-duty industrial tasks including automotive, industrial, agricultural, and medical uses.
• Tension Springs Extension springs with wire diameters from 1.0 mm to 25.0 mm, supplied with various loops, hooks, or threaded inserts and used in garage door systems, trampolines, agricultural machinery, and automotive components.
• Pick-up Springs Robust pick-up springs for agricultural machinery including combines and straw-balers, with thicknesses up to 18.0 mm, engineered for high performance under repetitive motion and heavy mechanical load.
• Torsion Springs Arm/torsion springs operating through rotational energy with wire diameters from 0.2 mm to 25.0 mm, suitable for automotive systems such as wheel suspensions and industrial machines.
• Clock Springs Spiral springs that deliver rotational energy within a compact design, used in automotive systems, electrical assemblies, and industrial equipment where compact rotational motion is required.
• Disc Springs Conical/Belleville disc springs providing high force in compact axial space, stackable for adjustable force and load capacity, used in safety valves, braking systems, and vibration damping in heavy machinery.
• Die Springs Heavy-duty compression springs made from rectangular wire, designed to handle heavy loads in high-stress applications such as press tools, valves, coupling, brakes, and fixtures.
• Wave Springs Compact springs developed as an alternative to traditional compression springs, with significantly reduced collective length and height, used where narrow axial and radial space restrictions exist.
• Locking Rings Snap rings/retention rings produced in thicknesses of 0.1 mm to 25.0 mm, available as internal and external retaining rings with optional arms for assembly/disassembly.
• Pins / Spring Separators Single and double pins produced in thicknesses between 0.5 mm and 8.0 mm, often resembling hair pins but made in various forms for coupling applications.
• Tubes Tubular components with diameter from 5 mm to 50 mm, maximum length of 2000 mm, and bend radius from 1 × Ø to 150 mm, supporting multi-radius bending and bend-in-bend configurations.
• Harrow Tines / Harvester Tines Agricultural harrow tines for breaking and smoothing soil, manufactured up to 18 mm in spring wire with surface treatment options including paint coating or galvanization.
• Brake Wear Indicators Devices designed to warn vehicle operators when brake pads need replacement, applicable in motor vehicles with more than three wheels as well as industrial settings such as wind turbines and cranes.
• Screw Terminals Electrical connectors where wires are secured by tightening screws, with thread cutting and screw insertions performed directly on stamping machines for screw terminals and other stamped components.
• Items for Building Industries Components for various building industry applications including load-bearing structures and fastening of building cladding, with in-house tool construction and manufacturing capabilities.
• Pre-heater Air Inlet Pre-heater devices for diesel engine air inlets designed to warm incoming air before engine combustion, improving efficiency in cold weather and reducing emissions.
• Bonnet Striker Automobile hood latch mechanism that engages with the hood latch to keep the bonnet securely closed while the vehicle is in motion.
• Grass Catcher Bag Lawn mower attachment for collecting and containing cut grass during mowing, positioned at the rear to direct clippings into a designated compartment.
• Pillar Loop Seat belt component for 3-point seat belt systems that guides seat belt webbing over the occupant's shoulder and across the chest, enhancing safety and comfort.
• Wheel Axis Central shaft for robot lawn mowers around which wheels rotate, enabling movement, steering, and navigation across lawn areas.
• Medical Springs Precision medical springs for healthcare applications including insulin pumps, inhalers, surgical instruments, and auto-injectors, requiring high precision, biocompatible materials, and strict regulatory compliance (ISO 13485).
• Springs for Auto-Injector Syringes Coil compression springs for auto-injector syringes made from medical-grade stainless steel (302, 316, 17-7), designed for safe and accurate automatic medication delivery with UV cleaning and cleanroom packaging.
• Custom Springs Tailored spring solutions designed and manufactured to exact specifications when standard designs cannot fulfill functional, dimensional, or durability requirements, with customization of material, dimensions, load, and surface treatment.

Quantifiable outcome

• Wire diameter range: 0.2mm to 25.0mm
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Tianshi Spring (Ningbo Tianshi Hardware): Chinese manufacturer of precision springs, wire forms, and stamped metal components serving automotive, electronics, and industrial customers. Comparable product categories at lower cost-base; representative of the Asian competitive pressure on European spring makers.

Direct peers

• Scherdel GmbH: German family-owned manufacturer of technically demanding springs, stampings, and wire-formed components for automotive, industrial, and electronics customers. Highly comparable custom-engineered product mix, multi-country footprint, and Tier 1 supplier status.
• Smalley Steel Ring Company: US manufacturer specializing in specialty retaining rings, wave springs, and constant-section rings for aerospace, automotive, and medical applications. Comparable specialty/custom engineering model with similar wire-formed product categories.
• Lesjöfors AB: Swedish-owned custom spring and pressings manufacturer with broad product portfolio across compression, tension, torsion, and wire forms serving automotive, industrial, and medical customers. Closest direct competitor with similar vertical mix, custom manufacturing model, and European footprint.
• Fontana Gruppo: Italian manufacturer of fasteners and precision metal components for automotive, industrial, and agricultural customers with global production. Comparable custom screw/formed parts business serving similar vertical markets.
• Barnes Group Inc. US-listed industrial manufacturer whose Barnes Spring division produces precision springs and engineered components for transportation, industrial, and medical markets. Direct peer at larger scale with similar IATF/ISO certified custom spring offering.
• Muhr und Bender KG (M+B): German manufacturer of springs, stampings, and bent wire components with global production sites serving primarily automotive Tier 1 and OEM customers. Direct peer in custom spring and stamping technology with similar automotive-heavy mix.
• Bal Seal Engineering (a CC Group company): US-based custom spring and seal manufacturer focused on medical devices, aerospace, and industrial markets with deep custom engineering services. Comparable medical-springs focus and custom manufacturing model.
• Nedschroef Holding: European-headquartered manufacturer of cold-formed fasteners and special-formed components serving automotive and industrial customers. Comparable stamped/formed components and multi-country production footprint.

Broad incumbents

• Würth Industrie / Adolf Würth GmbH & Co. KG: Global fastener, tools, and C-parts distribution and manufacturing giant serving industrial customers including automotive OEMs. Overlaps Hagens in fasteners and metal components but operates as a broad incumbent rather than a custom spring specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hagens-fjedre-a-s
• Facebookfacebook.com/profile.php

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hagens Spring Group