In 2018, Gonvarri Industries acquired the Constructor Group, which included Dexion, Constructor, and Kasten. Gonvarri Material Handling was formed to become the new group parent.
Today the group brands include:
Constructor: Originally founded as Høvik Verk in 1856, it is a glassworks at Høvik, Norway, part of Christiania Glasmagasinas. Between 1970 and 2000, through mergers and acquisitions of Høvik Stål, Electrolux Constructor, Kasten, Krammer & Zeuten, ETH, and MTH, it grew to become Scandinavia’s leading company in storage, archive, and logistics solutions. The Constructor name was adopted in the late 1980s.
Dexion: Formed in London, UK, in 1937 by Demetrius Comino, a 50-year-old Greek-Australian. Comino developed the 'Dexion Slotted-Angle' (1947), which introduced the world to adjustable storage and would go on to blaze the trail for Dexion's purpose-built pallet racking and shelving systems. It became part of the Group in 1999.
Kasten: It was started in 1886 by Hjalmar Henrik Kasten, who established a metal works company in Helsinki, Finland. They manufactured their first shelves in 1951, and today, they are market leaders in Finland.
Kredit is a well-known brand in the European material handling industry and beyond, being one of the key players within the mobile racking segment. The company was founded by Petr Ševčík in 1991 and is headquartered in the Czech Republic, where its entire product line is developed and manufactured.
Towards the end of 2019, Gonvarri Material Handling announced an agreement to acquire 100% of Kredit's shares.