More than 60 years of entrepreneurship

Our history

Sandberg Development is a family-owned investment company that contributes to growth and
social value through active ownership of innovation-driven companies – focusing on water
technology, quality of life and security.

Sandberg Development wholly or partly owns: Aimpoint, GAIM, Granuldisk, RESCUE
Intellitech, SWATAB, ISEC Monitoring Systems, Orbital Systems, Drupps and the listed
company Camurus. Sales for the Group in 2021 amounted to SEK 1.4 billion.

KEY YEARS

1959

ElektroSandberg was founded by Gunnar Sandberg. The company was a low-voltage specialist and grew successfully.

1975

Alongside the development of ElektroSandberg, the group of companies grew and invested in other innovative businesses. The first company was Aimpoint, which created technology that makes it possible to shoot faster and more effectively using the world-leading red dot sight.

1980

ElektroSandberg invested in Fluidcarbon that enables the use of liquid carbon as an alternative to oil – a journey that lasts between 1981–1988.

1983

Biogram, a manufacturer of antiseptic cream, became part of ElektroSandberg’s group of companies and was divested in 1986. The cream is still available in the market under the name LHP.

1985

ElektroSandberg invested in the property management company Medeon, which marked the starting point for the current Medeon Science Park in Malmö.

1987

Granuldisk became part of ElektroSandberg’s group of companies and remains part of Sandberg Development to this day.

1988

Uni-Load, which manufactures metal pallets and cargo loading systems for aircraft, was acquired and divested in 1992.

1991

Camurus was founded in Lund by biophysical chemistry researchers who had identified the possibility of using lipid structures to improve the delivery of active pharmaceutical compounds to the body. Camurus now develops drugs for the treatment of serious chronic diseases. The company was listed in 2015 and remains part of Sandberg Development to this day.

1992

ElektroSandberg became GS Development. GS Development added International Fertility Centre to the group of companies. The company helps childless couples with in-vitro fertilisation. The company left the group of companies in 1999.

1994

GS Development invested in Ramtec, which manufactures speciality equipment for excavators. GS Development sold its holdings in the company five years later.

2006

Evy & Gunnar Sandberg Foundation was founded to support medical research.

2015

GS Development became Sandberg Development.

2017

Sandberg Development invested in ISEC Industrial Security, which develops and produces monitoring systems for radioactive environments. ISEC remains part of Sandberg Development to this day.

2018

RESCUE Intellitech became part of Sandberg Development’s group of companies. The company markets a washing machine specially designed for the decontamination of fire rescue breathing apparatuses, gloves, helmets and boots. RESCUE Intellitech remains part of Sandberg Development’s group of companies. Sandberg Development invested in SWATAB: The company sells a unique and proprietary system that transforms ordinary tap water into special, ultra-pure water that washes clean -and is hypoallergenic and chemical-free. SWATAB remains part of the group of companies. Sandberg Development invested in the Malmö-based water technology company Orbital Systems, which develops and patents an innovative water and energy-saving circular shower concept.

2019

GAIM, a VR concept that simulates true-to-life hunting situations and advanced practice and analysis features for marksmen in training purposes. GAIM is a wholly owned subsidiary of Sandberg Development.

2022

Sandberg Development invested in the water innovation company Drupps and expanded its commitment and expertise in the focus area of water technology.

In november, Sandberg Development acquired the remaining shares in SWATAB which thus becomes a wholly owned subsidiary in the Group.