Norvestor backs Robust

The steel security door industry is said to have experienced recent growth as part of the Swedish housing renovation sector.

Norvestor's and Robust's management teams believe the company will keep seeing continued growth in demand due to urbanisation, stricter regulation regarding fire protection and security, as well as the ongoing refurbishment of aging apartments.

Company
The steel door division of Robust consists of Robust Ståldörrar AB, Robust AS and Robust UK Ltd.

Robust Ståldörrar in Nykroppa has been the company's production site in Sweden since 1972. It manufactures steel security doors for apartments as well as fire doors for offices, homes and for industrial use by construction companies, wholesalers and installation companies.

Robust AS is the second largest provider of steel security and fire doors in Sweden. The products are marketed in both Sweden and Norway.

Based in Cheadle, Staffordshire, Robust UK stocks and processes a range of steel doors tailored to the manufacturing industry and the security market. Robust has approximately 100 employees and generated revenues of SEK 165m in 2012.

People
Christian Sontum is a partner at Norvestor Equity and chairman designate of Robust. Moses Isik is CEO of Robust.

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