Nobel Industries (Sweden)

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Nobel Industrie AB was a chemical company. In 1984 Bofors acquired the majority shareholding in KemaNobel, both companies have historic ties to Alfred Nobel, the 19th century Swedish inventor whose invention of dynamite gave a safe way to manage the detonation of nitroglycerin. By 1985 Bofors had integrated the entire KemaNobel group into itself and changed its name to Nobel Industries. [1]

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Bofors (est. 1646) was a Swedish weapons manufacturer from Karlskoga. In 1893 the company became majority owned by famed Swedish Chemist, Alfred Nobel.

KemaNobel itself resulted from a number of acquisition in 1970 by Fosfatbolaget  [ sv ]: Liljeholmens Stearinfabriks chemicals business (Est. 1841), Barnängens tekniska Fabrik  [ sv ] (Est. 1868) and Casco  [ sv ] (Est. 1928), changes its name to KemaNord, continuing with further acquisitions”: 1981 Pharos from AGA, a year later the paints group Nordsjö, in 1986 paper and pulp group Eka AB and in 1988 Berol Kemi from Procordia.

In the late 80s Nobel Industries divisions further acquired; Casco Nobel bought Sadolin & Holmblad in 1987, Parteks adhesives and joint compound operations in 1988 and English paints group, Crown Berger in 1990. In 1990, Pharos acquired American electronics group Spectra-Physics. Eka Nobel acquires Alby Klorat and Stora Kemi from Swedish forest group Stora Kopparberg, Albright and Wilson's paper chemicals division.

By the mid 90s, the company had begun to divest itself of non core businesses, streamlining itself: KVK Agro Chemicals was sold to Sandoz in 1991, the Nobel Consumer Goods (which consisted of: Barnängen Tekniska Fabrik, Liljeholms, Sterisol, and Vademecum, in the main) to the German group, Henkel [2] , and NobelTech (the consolidated electronic business operation of the group) to Celsius Industries  [ sv ].

In 1994 Nobel Industries merges with AKZO, forming AkzoNobel . Nobel Industries contributes to Akzo Nobel with the business areas:

Nobelpharma (Nobel Biotech) and Spectra-Physics, becomes listed on Stockholm Stock-Exchange.

AkzoNobel had 20 business entities in 1994.

Companies part of history of Nobels Industry

References

  1. "Nobel Industries AB .", International Directory of Company Histories, Encyclopedia.com, 5 May. 2025
  2. COMMISSION CLEARS THE ACQUISITION OF THE CONSUMER GOODS BRANCH OF NOBEL BY HENKEL, Press release Mar 24, 1992, European Commission
  3. Grace's Guide to British Industrial History, Wallpaper manufacturers, visited June 8 2025
  4. BERGER, JENSON AND NICHOLSON, PAINT MAKERS RECORDS, National Archives UK, visited June 8 2025

Nationalencyklopedin The Swedish National Encyclopedia