Göteborg, Sweden - FlexLink AB, a provider of factory automation systems in the manufacturing and assembly industries, has been acquisired by ABN AMRO Capital, a European private equity provider. FlexLink was acquired via a management buy-out from EQT, the private equity funds group that acquired a 90% interest in FlexLink from AB SKF in 1997. 
 
Founded in 1980, Flexlink has 540 employees, with its head office in Göteborg and business activities in 50 countries.
 
Johan Bjurström, Nordic Head of ABN AMRO Capital, said the company had prospered under its previous ownership but had further potential for geographic growth and to lead consolidation in its sector - key investment criteria for ABN AMRO Capital. "FlexLink is well positioned for future growth, as factory automation systems continue to develop in sophistication in response to the increased use of robotics and the growing need for flexibility in manufacturing," he said. 
 

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