Ernströmgruppen is a Nordic industrial conglomerate with its roots in technical trading and light industry. The core premise of the company is to allow subsidiaries to operate in an independent and decentralised manner supported by a permanent capital base without an exit horizon. The strategy of the group is to develop and acquire well managed businesses for the benefit of future generations. Ernströmgruppen has been an important part of Neudi since the 1970s and currently consists of around 40 companies with approximately 1,200 employees. Neudi owns 74% of Ernströmgruppen and is committed to remaining a controlling majority shareholder for the long term.