Wennstrom

Updated:
2012-04-24

Our history

Founded in 1917

Wennstrom was founded in 1917 as a manufacturer of couplings and valves. At the end of the '30s the company started to focus on the petroleum distribution sector which since then has been the target group. Quite soon, Wennstrom was supplying the major oil companies with couplings. In 1964 the company was the driving force during negotiations with the oil companies in Sweden to standardise service station piping, which resulted in a commonly adopted 4” system. This in turn entailed a whole new range of couplings for Wennstrom which boosted sales.

Wådell Invest

In 1984 the company was acquired by Wådell Invest, a privately owned business group (www.wadell.se, in swedish, use Google translate for translation).

Ljungmans road tanker division

A few years later, in 1986, the product range was complemented with PD-meters and gear pumps by securing the Ljungmans road tanker- and gantry division.

Electronics make in-roads into the business

During the late '80s and early '90s Wennstrom recognised that electronics were on the march into the business of petroleum distribution. In order to capitalise on this fact and strengthen the market position of equipment for road tankers further, Wennstrom Electronics was merged into the group in 1990. This led to the development of FlowCheck, our patented electronic gas separator in 1991 and the electronic metering system VolumeCheck.

In 1988 a daughter company was started in Norway with the object of increasing sales to the Norwegian market. This goal has been achieved, especially with the products aimed at service stations. Present focus is on increasing the market share of equipment for road tankers.

Expansion into Finland

Ten years later, in spring of 1998, Tam-Tank Varuste based in Tampere in Finland was bought and became Wennstrom Flow Control Oy. Tam-Tank had for a long time been the leading supplier of mechanical equipment to road tankers and service stations in Finland and the two companies' product ranges complemented one another well.

Represented in Europe and Africa

The expansion into new markets continued resulting in representation in many European countries and in South Africa.

More expansion in Finland via THT

In march 2010 Wennstrom deepened its co-operation with the customer Tampereen Huoltamotekniikka Oy (THT) in Nokia by purchasing 39% of the shares. At the end of June the same year, Wennstrom completed the purchase of THT by acquiring the outstanding shares.

Wennstrom and THT complement one another with Wennstrom in Finland focusing on equipment for petroleum distribution for vehicles and THT on equipment and services for filling stations and other refueling sites and storages.