Swedish steel company Amlo and investment firm Fröjdia have jointly acquired the bankrupt estate of Överum Industries. The new name of the Swedish plough manufacturer is Överum Agro.

The new owners emphasise their ambition to rebuild and develop the operations in Överum with a focus on long-term commitment, stability, and high technical competence.

A central role in the upcoming phase will be played by newly appointed CEO and Amlo Group owner Amir Lotfi, who previously served as deputy CEO of the Överum works in Bruket between 2001 and 2011.

“This is a historic moment,” says Mr Lofti. “The Bruket facility is not merely an industrial operation – it is a legacy. Bringing the company back into Swedish ownership while building on its strong industrial tradition represents both a major opportunity and a great responsibility.”

The new owners look to the future with confidence and aim to preserve Överum’s strong identity while modernising operations, strengthening customer relations and creating the conditions for sustainable growth.

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