Ojop Sweden
Ojop Sweden AB is a 100-year-old Swedish industrial manufacturer producing over 1 million toggle latches and 250,000 Quick Power battery connectors annually for industrial, transport, military, marine, and consumer customers across 50+ countries, now operating as a subsidiary of Karnell Group.
- Company typePrivate
- Founded1922
- HeadquartersEskilstuna, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ojop Sweden does
Ojop Sweden AB is a Swedish industrial hardware manufacturer founded in 1922 and headquartered in Eskilstuna, producing toggle latches, draw latches, battery connectors, and trailer latches under the Ojop, DME, TICO, HTK, and Quick Power brands. The company operates its own factory using hot drop forging technology, manufacturing over 1 million latches and approximately 250,000 Quick Power battery connectors annually across 304/316 stainless steel, zinc-plated steel, chrome-plated, and electropolished surface treatments, with 527 active product SKUs spanning standard and custom configurations. Quick Power battery connectors carry TÜV NORD certification, and the company's manufacturing operations are certified under EN ISO 9001.
The business operates a hybrid go-to-market combining direct manufacturer sales, a global distributor network covering 50+ countries across 5 continents, and e-commerce via ojopsweden.com with 1-2 working day dispatch on standard orders up to 200 pieces. Unit pricing is structured with volume discounts across 25+, 50+, and 250+ piece tiers, ranging from approximately €1.32 for catch plates to €21.60 for heavy-duty drop forged latches, with select military latches carrying a 100-piece minimum order quantity. Customer segments span industrial manufacturers, transportation and trailer OEMs, military and defense, marine, battery and electrical industry buyers, and individual consumers. Distribution is supported by freight partnerships with DHL, TNT, Dachser, DB Schenker, and DSV.
Since December 2022, the company has executed two acquisitions (Barva Hejarsmide AB and HTK Transportkonstruktioner AB) and in May 2024 was itself acquired by Karnell Group, becoming a wholly-owned subsidiary within the group's industrial portfolio. The company employs 11-50 people and maintains its manufacturing operations and headquarters in Eskilstuna, Sweden.
Ojop Sweden firmographics
Firmographics- Name
- Ojop Sweden
- Legal name
- Ojop Sweden AB
- Website
- https://ojopsweden.com
- Company type
- Private
- Founded year
- 1922
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ojop Sweden AB is a 100-year-old Swedish industrial manufacturer producing over 1 million toggle latches and 250,000 Quick Power battery connectors annually for industrial, transport, military, marine, and consumer customers across 50+ countries, now operating as a subsidiary of Karnell Group.
- Ownership category
- akta.pro rank
Ojop Sweden industry classification
Industry- Product category
- Industrial Hardware - Latches and Connectors
- NAICS
- Bolt, Nut, Screw, Rivet, and Washer Manufacturing (332722)
- SIC
- Bolts, Nuts, Screws, Rivets & Washers (3452), Electronic Connectors (3678), Cutlery, Handtools & General Hardware (3420)
- akta.pro primary industry
- Fasteners, Anchors & Connectors (Bolts, Weld Studs, Plates) (IMADACAJ)
- akta.pro secondary industry
- Architectural Hardware & Door Controls (Hinges, Locks, Closers, Panic Devices) (IMADAIAI)
Keywords
Where Ojop Sweden is headquartered
LocationHeadquarters
- HQ city
- Eskilstuna
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Ojop Sweden business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Toggle and Draw Latch Sales: One-time product sales of toggle latches, draw latches, catch plates, and strikers. Products are sold with unit pricing and quantity discounts. Revenue is generated through direct sales and distributor network sales globally.
- Quick Power Battery Connector Sales: Battery connectors sold under Quick Power brand with TÜV NORD certification. Volume production of 250,000+ units annually sold to industrial and private customers.
- Trailer Latch Sales: Trailer latches sold under Ojop and TICO brands for transport industry applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard toggle latch (Small, Zinc plated Steel 701 L/C) |
| Unit Pricing | Pay-as-you-go | Stainless steel toggle latch (316, Small, 701 L/C) |
| Unit Pricing | Pay-as-you-go | Heavy duty drop forged latch (Large, 403 C) |
| Unit Pricing | Pay-as-you-go | Catch plate (Small, Zinc plated Steel) |
| Unit Pricing | Pay-as-you-go | Bonnet latch (Steel and rubber, Large) |
| Unit Pricing | Pay-as-you-go | Black color military latch (Large with safety catch) |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Ojop Sweden product offering
Product offeringCore offering
Ojop Sweden manufactures and supplies industrial latching and electrical connection hardware from its own factory in Eskilstuna, Sweden. The company produces toggle latches (drop forged, 700/800/900 series), draw latches under the DME brand, Quick Power battery connectors, and trailer latches under the Ojop, TICO, and HTK brands. With over 500 SKUs and annual production exceeding one million latches and 250,000 battery connectors, Ojop claims Europe's largest toggle latch assortment.
Product overview
Ojop Sweden is a manufacturer of industrial hardware components operating a multi-brand, multi-product portfolio. The core offerings center on toggle latches (including drop-forged, 700, 800, and 900 series), draw latches (both Ojop-branded and DME-branded), and catch plates/strikers that serve as mounting counterparts for latches. The product line also includes Quick Power battery connectors (producing approximately 250,000 units annually), trailer latches under the Ojop and TICO brands, and acquired HTK trailer products. Supporting products include specialized toggle latches and handles & hinges. All products are manufactured in Ojop's own factory located in Eskilstuna, Sweden. The company sells over one million latches annually across 5 continents and more than 50 countries, with a wide network of distributors globally.
Differentiator
Problem solved
Functional benefit
Brands
- TICO: TICO trailer latches - part of the company's product portfolio for trailer applications
- DME
- HTK
- Quick Power
Products and services
- Toggle Latches & Draw Latches (Ojop Brand)
Quantifiable outcome
- Products dispatched within 1-2 working days for orders up to 200 pieces
- +1 more outcomes
Companies that use Ojop Sweden
Customer profileSegments6 records
Ideal customer profiles5 records
Ojop Sweden technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Ojop Sweden partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- HTK Transportkonstruktioner ABcoreHTK Transportkonstruktioner AB became part of Ojop Sweden AB in December 2023, adding HTK trailer latches to the product portfolio.
- Barva Hejarsmide ABcoreBarva Hejarsmide AB became part of Ojop Sweden AB, expanding manufacturing capabilities.
- DHLcoreWorldwide freight forwarding partner for product delivery. DHL enables express and economy shipping options for international customers.
- TNTcoreInternational freight forwarding partner for product delivery services.
- DachsercoreLogistics partner for freight services enabling efficient and cost-effective delivery worldwide.
- DB SchenkercoreFreight forwarding partner providing logistics solutions for global product distribution.
- DSVcoreGlobal transport and logistics services partner for efficient freight delivery options.
Scale indicators6 records
Recent moves5 records
Expansion highlights3 records
Ojop Sweden competitors and assessment
Company assessmentBroad incumbents
- Molex: Global leader in electronic interconnect solutions including battery and power connectors. Adjacent comparable to Ojop's Quick Power brand as a broad incumbent offering scaled, certified battery connectors across industrial and mobility applications.
- PennEngineering: Large, established fastening and hardware manufacturer (PEM, Heyco, others) serving industrial and electronics OEMs. Comparable to Ojop on fastener and connector categories but operating at significantly larger scale with a broader portfolio.
Direct peers
- TriMark Corporation: US-based supplier of latches, hinges, and hardware systems for heavy-duty vehicles, trailers, and off-highway equipment. Directly comparable to Ojop's Ojop and TICO trailer latch lines as well as its military latch capability.
- Anderson Power Products: Specialist in high-current battery and power connectors for industrial, EV, and motive applications. Directly comparable to Ojop's Quick Power battery connector line, with overlapping target customers in industrial battery and electrical equipment markets.
- DIRAK: German manufacturer of latches, hinges, and locking hardware for industrial cabinets, enclosures, and vehicles. Closely comparable to Ojop in both product mix (toggle latches, swinghandles, locks) and target markets (panel builders, transport, machinery).
- Sugatsune: Japanese manufacturer of architectural and industrial hardware including toggle and draw latches. Direct product overlap with Ojop on latches, plus comparable multi-segment distribution model and a similar specialty/hardware positioning.
- Eberhard Manufacturing: Long-established US manufacturer of latches, hinges, and specialty hardware for industrial and transportation applications. Directly comparable to Ojop's 100-year-old toggle latch business with overlapping product types and customer segments.
- Southco: Global leader in engineered access hardware including toggle latches, draw latches, and hinges for industrial enclosures. Direct overlap with Ojop's flagship toggle and draw latch categories and its broad OEM customer base across industrial, transportation, and aerospace.
- Kason Hardware: Manufacturer of latches, hinges, and hardware for commercial refrigeration and food-service enclosures. Direct peer to Ojop in industrial latching hardware, serving adjacent OEM segments (foodservice, cold storage) with similar product formats.
Regional players
- Fulterer: Austria-based industrial hardware and drawer-slide manufacturer focused on European OEM markets. Comparable to Ojop as a European industrial hardware specialist, though Fulterer's heavier weighting toward furniture and sliding systems differentiates its product mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ojop Sweden social profiles
Digital presenceOjop Sweden compliance and trust
Trust signalCompliance2 records
Ojop Sweden financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ojop Sweden leadership team
Management profileNumber of profiles
Profiles1 record
Ojop Sweden subsidiaries and ownership
Company hierarchySubsidiaries2 records
Ojop Sweden funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ojop Sweden M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ojop Sweden
What does Ojop Sweden do?
Ojop Sweden manufactures and supplies industrial latching and electrical connection hardware from its own factory in Eskilstuna, Sweden. The company produces toggle latches (drop forged, 700/800/900 series), draw latches under the DME brand, Quick Power battery connectors, and trailer latches under the Ojop, TICO, and HTK brands. With over 500 SKUs and annual production exceeding one million latches and 250,000 battery connectors, Ojop claims Europe's largest toggle latch assortment.
Is Ojop Sweden a public or private company?
Ojop Sweden is a private company. It is classified as corporate owned and is currently operating.
When was Ojop Sweden founded?
Ojop Sweden was founded in 1922. It employs 11 to 50 people.
Where is Ojop Sweden based?
Ojop Sweden is headquartered in Eskilstuna, Sweden, in the Europe region.
How does Ojop Sweden make money?
Three revenue lines are on record. Toggle and Draw Latch Sales are the primary driver. The others are quick Power Battery Connector Sales and trailer Latch Sales.
Who are Ojop Sweden's main competitors?
Broad incumbents on record are Molex and PennEngineering. Direct peers are TriMark Corporation, Anderson Power Products, DIRAK, Sugatsune, Eberhard Manufacturing, Southco and Kason Hardware. Fulterer is listed as a regional player.
Does Ojop Sweden have an API?
No public API is recorded for Ojop Sweden.
What industry is Ojop Sweden in?
Ojop Sweden's product category is Industrial Hardware - Latches and Connectors. Its primary akta.pro industry code is IMADACAJ, Fasteners, Anchors & Connectors (Bolts, Weld Studs, Plates), with a secondary code of IMADAIAI, Architectural Hardware & Door Controls (Hinges, Locks, Closers, Panic Devices). Its NAICS code is 332722 and its SIC code is 3452.