Gripen school

What Gripen school does

HSP Gripen (legal name Hassela Skogsprodukter AB) is a Swedish manufacturer of hydraulic grapple tools founded in 1994, headquartered and produced in Hudiksvall, Sweden with approximately 50 employees. The company designs and manufactures grapples, buckets, and attachments for three primary use-case segments: forestry (timber handling on forwarders, trucks, and forestry trailers), construction/contracting (excavator-mounted sorting, construction, and recycling), and terminal operations (ports, timber terminals, and sawmills). Its product portfolio spans forestry grapple families (Lighter, Standard, Heavy Duty, BIO, V-Shape, HDX, DUO, Industry), construction grapples (Sorting, Construction, Recycling), terminal equipment (Terminal Grapples, Terminal Buckets, Terminal Low Built), and an attachment ecosystem including mounts, Indexator rotators, AFM saw cassettes, spare parts, and bucket additives.

Core technology centers on hydraulic grapples with dual-cylinder designs providing low and even axle load for reduced wear, in-house-designed and manufactured hydraulic cylinders, exclusive use of HARDOX and STRENX wear-resistant steels, and the recently launched Gripen E-power — a claimed industry-first electric grapple with electric controls and integrated sensors. The company sells globally through a multi-channel model: authorized dealers in 50+ countries, OEM/OED partners (including a new Volvo CE supplier agreement covering Sweden, Norway, and Finland), strategic distribution partnerships (Wallingford's Inc. for North America), and direct export sales. Pricing is quote-based with no public list prices; revenue is generated entirely through hardware sales. Leadership comprises founder/owner Tomas Jonsson, CEO Maria Flöjt, and Chair Johan Hedin, with a published 5-year goal to double sales volume by 2028.

Name

Gripen school

Legal name

Hassela Skogsprodukter AB

Website

https://hsp.se

Company type

Private

Founded year

1994

Operating status

Operating

Short description

HSP Gripen is a Swedish manufacturer of hydraulic grapple tools, buckets, and attachments for forestry, construction, and terminal/port operations, selling globally through dealers and OEM partners from its ~50-employee Hudiksvall facility.

Ownership category

akta.pro rank

Product category

Hydraulic Grapples and Material Handling Equipment

NAICS

Agriculture, Construction, and Mining Machinery Manufacturing (3331), Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531)

akta.pro primary industry

Lifting Attachments & Material Handling Accessories (Fork Attachments, Slings, Rigging) (IMAHABAJ)

akta.pro secondary industry

Attachments & Work Tools (Buckets, Augers, Hammers) (IMAHAAAM)

Keywords

• Hydraulic grapple tools
• Forestry equipment manufacturing
• Construction grapples
• Material handling attachments
• Terminal handling buckets

Headquarters

HQ city

Hudiksvall

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hydraulic Grapple Sales: Manufacturing and selling hydraulic grapple tools for forestry, construction, and terminal operations. Products include various grapple models (Lighter, Standard, Heavy Duty, BIO, V-Shape, HDX, DUO, Industry), terminal grapples, buckets, and attachments. Revenue generated through direct sales, OEM partnerships, dealer networks, and custom project sales.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

HSP Gripen designs, manufactures, and sells hydraulic grapple tools and material handling attachments for forestry, construction, and terminal/port operations. All products are developed and produced in-house at their Hudiksvall, Sweden facility using custom-built hydraulic cylinders and HARDOX/STRENX steel. The portfolio spans forestry grapples (Lighter, Standard, Heavy Duty, BIO, V-Shape, HDX, DUO, Industry), construction grapples (Sorting, Construction, Recycling), terminal grapples and buckets, plus an attachment ecosystem including mounts, rotators, saw cassettes, spare parts, and the Gripen E-power electric grapple.

Product overview

HSP Gripen develops, manufactures, and markets hydraulic gripping tools for material handling in forestry, construction, and terminal operations. The product portfolio spans forestry grapples (Lighter, Standard, Heavy Duty, BIO, V-Shape, HDX, DUO, and Industry models), construction grapples (Sorting, Construction, and Recycling variants), and terminal equipment (Terminal Grapples, Terminal Buckets, and Terminal Low Built). The company also offers a comprehensive attachment ecosystem including grapple mounts (Standard, Open-S, OilQuick, EC-Oil), rotators, saw cassettes, spare parts, and bucket additives. All products are manufactured in Hudiksvall, Sweden with production dating back to 1994.

Differentiator

Problem solved

Functional benefit

Products and services

• Lighter Forestry Grapple Lightweight forestry grapple designed for timber handling with smooth roll-in, high fill rate, low-profile design providing extra lift height and easier transport. Targeted at forestry operators using forwarders, timber trucks, and forest trailers.
• Standard Forestry Grapple
• Heavy Duty Forestry Grapple
• BIO Forestry Grapple
• V-Shape Forestry Grapple
• HDX Forestry Grapple
• DUO Forestry Grapple
• Industry Forestry Grapple
• Sorting (SG) Construction Grapple
• Construction (CG) Grapple
• Recycling (RC) Grapple
• Terminal Grapples
• Terminal Buckets

Quantifiable outcome

• World's first electric grapple (Gripen E-power) eliminating hydraulic oil usage and enabling new control and data collection capabilities
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Volvo Construction Equipment (Volvo CE)coreChannel Partner/ Reseller/ Distributor · 5 March 2026Supplier agreement with Volvo CE making HSP Gripen an official supplier to their dealer network. Initially covers Sweden, Norway, and Finland markets. Products are included in Volvo CE's accessories catalog, strengthening position in the Scandinavian construction equipment market.
• Wallingford's Inc.coreChannel Partner/ Reseller/ Distributor · 24 January 2024Strategic partnership with Wallingford's Inc., the largest wholesale distributor of logging supplies in North America. Wallingford's has distribution facilities in Oakland, Maine, New Hampshire, Oregon, Quebec, and Alberta. Founded in 1975, the company is part of the Pewag Group since December 2021, a global leader in industrial chain solutions headquartered in Austria. HSP Gripen products will be distributed through Wallingford's network to expand presence in the North American market.
• OP SystemminorChannel Partner/ Reseller/ DistributorSwedish dealer for German crane manufacturer Sennebogen. Procured HSP Gripen products for crane deliveries to ports including Gripen 500T for Sölvesborgs hamn and large terminal buckets.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Rototilt: Swedish manufacturer of tiltrotators and attachment systems for excavators. Comparable Nordic heritage, similar customer base in construction and forestry, with overlapping grapple and quick-coupler product offerings.
• Kinshofer: German-based global manufacturer of excavator and loader attachments including grapples, buckets, and material handling tools. Competes directly in the construction and recycling grapple segment with a broader product portfolio.
• NPK Construction Equipment: Japanese manufacturer of hydraulic attachments including grapples, breakers, and shears for construction and demolition equipment. Directly competes in the excavator-mounted grapple segment globally.
• Indexator: Swedish manufacturer of rotators and grapples for forestry, recycling, and material handling. Directly comparable product portfolio, target segments, and Swedish heritage; already an integration partner in HSP Gripen's product ecosystem.
• Steelwrist: Swedish manufacturer of tiltrotators and quick couplers for excavators with overlapping grapple and attachment product lines. Now part of Volvo CE, making it both a peer and a demonstration of OEM acquisition appetite in this space.

Others

• Wallingford's Inc. North America's largest wholesale distributor of logging supplies, part of the Pewag Group. Functions as a strategic distribution partner for HSP Gripen in the North American forestry market rather than a direct competitor.

Broad incumbents

• Caterpillar: Global construction and mining equipment leader with its own line of work tool attachments (Cat Work Tools). Competes in the same end-customer base with broader equipment, financing, and dealer support capabilities.
• Komatsu: Global construction and mining equipment OEM with a comprehensive attachment portfolio. Competes for the same excavator-mounted grapple opportunities through its own branded and partner offerings.
• Epiroc: Swedish-based mining and infrastructure equipment manufacturer with hydraulic attachment offerings (including grapples) for the same construction and quarrying customer segments that HSP Gripen serves.
• Volvo Construction Equipment: One of the world's largest construction equipment OEMs. Now a distribution partner via its dealer network, but also offers competitive attachment products and owns Steelwrist—creating both partnership upside and channel/competitive risk.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hspgripen
• LinkedInlinkedin.com/company/hspgripen
• Instagraminstagram.com/hspgripen

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Gripen school