Press release
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Press release , 9 September 2021 semcon Semcon investigates public listing of its Product Information business area The Semcon Board resolved today to undertake an internal separation of the Product Information business area and to explore possibilities for a potential separate public listing of the business area ( Lex Asea¹ ) . The measures aim to strengthen conditions for each business to accelerate long - term growth and further develop the offering , employees and shareholder value . Currently , the Semcon Group comprises two strong business areas with separate management teams and decentralised responsibility , as well as largely separate offerings . The Product Information business area , which accounts for almost 40 per cent of Group sales , focuses on digital aftersales solutions that make complex products and systems easy to use and maintain while Engineering & Digital Services concentrates on innovative and sustainable product and production development . " The Board can see that conditions exist for each business to increase focus and make better use of their growth potential autonomously , which will strengthen long - term shareholder value . We also believe this potential will become more visible with a new structure to make the offering clearer from each separate unit . We have therefore given Group management a mandate to undertake an internal separation of the Product Information business area and to explore possibilities for a potential public listing of the business area , " says Eva Elmstedt , Chair of the Board of Semcon . Two well - positioned operations Product Information is a leading supplier of digital aftersales solutions and is active on the global market . The business area's share of Group sales and result has risen over time . Customer focus on the aftersales business , combined with digitalisation and other macro trends , means the outlook for continued growth in this business is considered favourable . Managed services and solution - based deliveries currently account for more than 75 per cent of the business area's sales and are largely conducted through international multi - site deliveries . The ambition is to continue growing this share of the business , as well as deliveries through proprietary digital platforms . - with its advanced The Engineering & Digital Services business area is engineering skills and digital excellence - well positioned to meet customer demand for expertise linked to a sustainable and digital transition . Semcon's Semcon is an international technology company . We turn technology into excellent user experiences by combining digital edge and engineering expertise . With diverse multi - disciplinary teams we add new perspectives creating sustainable and competitive businesses . Regardless of if you aim to recharge a current product or service , reinvent new technology or reimagine future needs , our focus is always on human needs and behaviour in order to develop solutions with the clearest benefits to people and our planet . With its varied backgrounds and specialist expertise , our team contributed new perspectives to the development of sustainable and competitive solutions . By combining 40 years of advanced engineering skills , strategic innovation , digital services and product information solutions , we are pushing developments forwards in several sectors . We are more than 2,000 dedicated employees based in seven countries . Read more on semcon.com