Ages Industri
AGES Industri is a Swedish Nasdaq First North-listed contract manufacturer of precision components using die casting, machining, welding, assembly, and tooling, serving automotive and engineering OEMs across Europe with production units in Sweden, China, and a Poland sourcing office.
- Company typePublic
- Founded2014
- HeadquartersHalmstad, Sweden
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ages Industri does
AGES Industri is a Swedish industrial group founded in 1983 and spun off from XANO Industri, listed on Nasdaq First North Premier since 2014. The group operates as a contract manufacturer of precision components, with production units in Falkenberg, Hörle, Kulltorp, and Värnamo, a manufacturing operation in Ningbo (China), and a sourcing office in Poland. Following the April 2025 divestment of AGES Casting Unnaryd, the group employs approximately 330 people.
The company's core technologies are die casting, machining, welding, assembly, and tooling, organized into two business areas: Engineering Solutions (turnkey contract manufacturing with early customer co-development) and Industrial Solutions (product-based operations). It holds ISO 9001, ISO 14001, and IATF 16949 certifications, and was first in its market to publicly disclose CO2 emissions reporting. Customer segments span heavy commercial vehicles and passenger cars within automotive, and construction, agriculture, material handling, defense, energy, and medical technology within engineering. The group is gearing toward new energy-sector contracts in renewable and battery applications, with reported FY2025 net sales of 880 MSEK.
The business model is B2B contract manufacturing with multi-year serial-production agreements anchored by die-casting tooling investments, customer co-development from the design phase, and a stated pricing model under which customers pay for finished parts and tooling. Distribution is direct to industrial OEMs primarily in Europe and, to a limited extent, the United States. In February 2026, Vibeke Gyllenram was appointed CEO, succeeding Anders Magnusson.
Ages Industri firmographics
Firmographics- Name
- Ages Industri
- Legal name
- AGES Industri AB
- Website
- https://ages.se
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- AGES Industri is a Swedish Nasdaq First North-listed contract manufacturer of precision components using die casting, machining, welding, assembly, and tooling, serving automotive and engineering OEMs across Europe with production units in Sweden, China, and a Poland sourcing office.
- Ownership category
- akta.pro rank
Where Ages Industri is headquartered
LocationHeadquarters
- HQ city
- Halmstad
- HQ country
- Sweden
- HQ region
- Europe
Offices8 records
Markets served
Ages Industri business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Manufacturing services - Die casting, machining, welding, assembly, tooling: AGES generates revenue through contract manufacturing of precision components in medium to large series, providing die casting, machining, welding, assembly and tooling services to customers in automotive and engineering industries. Revenue is generated through project-based manufacturing contracts with enterprise customers. Additional revenue comes from trading of components and assembled systems, and engineering solutions including construction, mould tools, prototypes and automation solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom manufacturing quote-based pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Ages Industri product offering
Product offeringCore offering
AGES Industri is a Swedish contract manufacturer that produces high-precision components in medium-to-large series through five integrated services: die casting (using 100% recycled aluminum), CNC machining, welding, assembly, and tooling. Operations are delivered via Swedish production units (Falkenberg, Hörle, Kulltorp, Värnamo) plus a Chinese unit (Hörle Automatic Ningbo), serving automotive, commercial vehicle, construction, agriculture, defense, energy, material handling, and medical technology OEMs primarily in Europe.
Product overview
AGES Industri is a Swedish industrial group offering high-tech contract manufacturing of precision components. The portfolio consists of five core manufacturing services: die casting (Gjutning), machining (Bearbetning), welding (Svetsning), assembly (Montering), and tooling. These services are delivered through multiple production units in Sweden (AGES Falkenberg, AGES Hörle, AGES Kulltorp, AGES Värnamo) and internationally (Hörle Automatic Ningbo in China), along with specialized units like A-Tooling and Östlings Verktyg. The company previously organized around two business segments—Precision Components (contract manufacturing) and Engineering Solutions (tooling and construction)—but has consolidated to a single business area following the 2025 divestment of AGES Casting Unnaryd.
Differentiator
Problem solved
Functional benefit
Brands
- AGES Academy: Internal knowledge development programme for employees focused on building skills, understanding roles, and fostering personal responsibility.
- AGES Ambassadör
Products and services
- Die Casting (Gjutning) High-precision die casting services for precision components in medium to large series, using 100% recycled aluminum and flexible highly automated manufacturing units. Delivered to enterprise customers in automotive, commercial vehicle and engineering industries.
- CNC Machining (Bearbetning) CNC cutting machining services for precision components, delivered as part of AGES's integrated manufacturing capability for medium-to-large series production for enterprise customers.
Quantifiable outcome
- 40% reduction in CO2 emissions for die casting over two years, reported using Greenhouse Gas Protocol standard
- +3 more outcomes
Companies that use Ages Industri
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles2 records
Ages Industri technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Ages Industri partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered major and minor.
- Lazarus Industriförvaltning ABmajorAGES Industri AB entered into an agreement with Lazarus Industriförvaltning AB to divest all companies in the AGES Casting Unnaryd group. Transaction was conditional on approval from relevant competition authorities and other customary completion conditions. Approval received and ownership transfer completed on 1 April 2025. This was a strategic divestment that strengthened AGES financial position.
- Ekets Group ABminorAGES Industri entered into discussions with Ekets Group in December 2024 regarding a potential merger between the parties. Discussions were terminated in April 2025 as AGES assessed that the right conditions did not exist to complete the transaction.
- Independent sustainability consultantsminorAGES works with independent external consultants to review and verify CO2 calculations, GHG reporting, and sustainability metrics. Consultants have reviewed and revised the CO2 impact figures.
Scale indicators11 records
Recent moves9 records
Expansion highlights4 records
Ages Industri competitors and assessment
Company assessmentDirect peers
- Alteams Group: Finnish-headquartered aluminum die casting and machining specialist serving telecom, automotive, and industrial customers in Europe. Direct comparable in aluminum precision die casting contract manufacturing with similar medium-to-large series focus.
- Linamar Corporation: Canadian precision machining and lightweighting components supplier serving automotive, commercial vehicle, and industrial markets. Comparable as a tier-1 contract manufacturer offering integrated machining and assembly services to European OEMs.
- Nemak: Mexican-headquartered global leader in aluminum die casting for automotive powertrain, structural, and EV components. Direct competitor in large-series aluminum die casting for European and global OEMs, with comparable IATF 16949-certified manufacturing operations.
- Hanza AB: Swedish-listed contract manufacturer offering mechanics and electronics manufacturing services to industrial customers across Northern Europe. Closest publicly-listed Nordic peer providing precision contract manufacturing services from multiple production sites.
- Georg Fischer AG: Swiss-based industrial group with GF Casting Solutions division producing precision aluminum and iron castings, including die-cast components, for automotive and industrial customers across Europe. Closest publicly-listed peer in precision die casting contract manufacturing with similar European customer base.
- Martinrea International Inc. Canadian Tier 1 automotive supplier with significant metal forming, casting, and lightweighting capabilities for commercial vehicle and passenger car OEMs. Comparable business model supplying precision-engineered components to European auto manufacturers.
- Handtmann Group: German family-owned industrial group with die casting and machining divisions serving automotive and industrial customers. Direct comparable as a European precision die casting and machining contract manufacturer with multi-decade customer relationships.
Broad incumbents
- Benteler International AG: Austrian-headquartered automotive supplier with broad portfolio including steel processing, chassis components, and engineered metal solutions for European OEMs. Overlaps with AGES in precision metal components for automotive but operates at significantly larger scale with broader product scope.
- XANO Industri AB: Swedish industrial group that spun off AGES in 2014, now operating as a separate listed entity with industrial contract manufacturing businesses. Relevant comparable as former parent with similar structure of multi-site Swedish precision manufacturing operations.
- Indutrade AB: Swedish-listed industrial technology group owning numerous niche industrial component and contract manufacturing subsidiaries. Adjacent comparable as a Stockholm-listed platform aggregating Swedish precision manufacturing businesses.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Ages Industri compliance and trust
Trust signalCompliance9 records
Ages Industri financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ages Industri leadership team
Management profileNumber of profiles
Profiles8 records
Ages Industri subsidiaries and ownership
Company hierarchySubsidiaries12 records
Ages Industri funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ages Industri 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 Ages Industri
What does Ages Industri do?
AGES Industri is a Swedish contract manufacturer that produces high-precision components in medium-to-large series through five integrated services: die casting (using 100% recycled aluminum), CNC machining, welding, assembly, and tooling. Operations are delivered via Swedish production units (Falkenberg, Hörle, Kulltorp, Värnamo) plus a Chinese unit (Hörle Automatic Ningbo), serving automotive, commercial vehicle, construction, agriculture, defense, energy, material handling, and medical technology OEMs primarily in Europe.
Is Ages Industri a public or private company?
Ages Industri is a public company. It is classified as public and is currently operating.
When was Ages Industri founded?
Ages Industri was founded in 2014. It employs 501 to 1,000 people.
Where is Ages Industri based?
Ages Industri is headquartered in Halmstad, Sweden, in the Europe region.
How does Ages Industri make money?
One revenue line is on record: manufacturing services - Die casting, machining, welding, assembly, tooling.
Who are Ages Industri's main competitors?
Direct peers on record are Alteams Group, Linamar Corporation, Nemak, Hanza AB, Georg Fischer AG, Martinrea International Inc. and Handtmann Group. Broad incumbents are Benteler International AG, XANO Industri AB and Indutrade AB.
Does Ages Industri have an API?
No public API is recorded for Ages Industri.