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Gunnebo Safe Storage strengthens global leadership with acquisition of Primat Group

Gunnebo-Safe-Storage-strengthens-global-leadership-with-acquisition-of-Primat-Group

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Gunnebo Safe Storage has announced the full acquisition of Primat Group, strengthening its global leadership by driving customer-centric solutions and innovation.

The full acquisition will see an investment in the company that has over a century of expertise in the manufacturing and sales of security products.

Primat Group based in Maribor, Slovenia, is set to become an integral part of Gunnebo’s European Safes and Cabinets manufacturing strategy.  

Primat Group

The Primat Group consists of:

  • PRIMAT SISTEMI d.o.o. and PRIMAT d.d. in Maribor (Slovenia)
  • PRIMAT OPREMA d.o.o. in Baljevac (Serbia)
  • PRIMAT d.o.o. Sarajevo (Bosnia and Herzegovina)

The group offers a product range that includes safes, cabinets, strong rooms and vault doors.

The products are manufactured in Slovenia and Serbia, collectively serving customers in over 25 countries including the UK, Benelux and DACH regions.

As part of the acquisition, Gunnebo Safe Storage has made an investment in Primat Group to drive growth, improve manufacturing facilities and give employees the essential skillsets, tools and opportunities.

“To build on our longstanding tradition of quality and innovation”

Tanja Djokic, Director, Primat Sistemi commented on the acquisition: “This partnership represents a tremendous opportunity for us to build on our long-standing tradition of quality and innovation.

“We are incredibly proud that Gunnebo has recognised Primat’s significant potential, and we are excited to become an integral part of Gunnebo Safe Storage’s European Safes and Cabinets manufacturing strategy.”

She added: “By combining our strengths, we are well-positioned to meet the evolving needs of our customers, expand our market reach, and continue to deliver the high-quality safe security solutions that both our companies are known for.

“Together, we will create a stronger future with the highest levels of protection, reliability and value.”

Driving innovation and aiding environmental impact

The acquisition aligns with Gunnebo Safe Storage’s goal of driving innovation, enhancing lead times and supply chain resilience, to win customers.

This will contribute to Gunnebo’s carbon reduction ambitions by positioning production closer to customers, thereby minimising the environmental impact.

“Part of our evolving safe storage journey”

Elisabeth Whitefield, General Manager, Safes & Cabinets and EverydaySafe commented: “We are thrilled to introduce the Primat Group to the Gunnebo family. Primat has a rich history, dating back to 1901 when Franc Schell first began producing iron safes.

“For over 120 years, the Primat Group has been synonymous with excellence in security equipment, and we are proud to have the opportunity to continue to support and invest in such a reputable brand as part of our evolving safe storage journey.”

“Further develop existing routes to market”

Stefan Syren, CEO, Gunnebo Group, concluded: “Gunnebo Safe Storage’s investment in the Primat Group and its expert team manifests our dedication to innovation, growth, and delivering customer value.

“The plan is for us to continue supporting this great work and further develop existing routes to market as well as discover new opportunities for safe storage.”

He concluded: “We are looking forward to presenting our new proposition to our customers, new and existing to support them in our aim to create a safer world together.”

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