Husqvarna announces factory closure

The Swedish Husqvarna Group is continuing its efforts to reduce costs and increase efficiency. The plant in Brastad, Sweden, is now falling victim to these measures and will be gradually shut down. According to Husqvarna, the plant's entire production will be outsourced to third parties, which in turn should contribute to improved flexibility and a more capital-efficient business model.

The annual savings from the closure are estimated at approximately SEK 100 mio (EUR 9.1 mio). The costs of the closure are expected to amount to approximately SEK 140 mio, of which SEK 20 mio will be recorded as a one-off cost in the fourth quarter of 2025 and the remainder in 2026, the group reports.

The Brastad plant currently employs 84 people and manufactures components for the Husqvarna Group's petrol-powered engines for handheld products.