SustainabilityReport 2023 high - Flipbook - Page 6
1.3. A short introduction to Terratech
The Terratech Group consists of three companies SVAB
Hydraulik AB (SVAB) with its head o昀케ce and production
facility in Åsbro, Sweden, Steelwrist AB (Steelwrist) with
its head o昀케ce and production facility in Rosersberg,
north of Stockholm, Sweden, and Sjørring Maskinfabrik
A/S (Sjørring) with its head o昀케ce and production facility
in Thisted, Denmark. Steelwrist also consists of nine
subsidiaries, with a total global presence in more than
20 countries.
Terratech was established as a company in 2015 with
Steelwrist as its 昀椀rst daughter company. In 2016, SVAB
was acquired and in 2022, Sjørring was acquired.
Terratech’s focus has expanded from tiltrotators and
quick couplers to an increased product o昀昀ering with a
portfolio to supply a complete solution for excavators.
This is achieved by adding SVABs focus on automation
and sensors technology and in contrast Sjørring brings
decades of expertise in engineering and manufacturing
wheel-loader and excavator buckets as well as other
work tools.
The three Terratech companies together have a complementary product portfolio whereby the complete o昀昀ering
gives the end customer an optimal solution for their
excavator. SVAB has the overall responsibility for the
products related to Automation, Operator and Sensory
inputs, Steelwrist has the as overall responsibility for
Enablers, Adaptors as well as Powered Work Tools and
Sjørring provides all the Non-Powered Work Tools.
Automation and
operator control
Enablers and
adaptors
Powered
work tools
Work tools and
welded components
for construction
machinery
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