Husqvarna to discontinue stone diamond tools business

Husqvarna Group is set to discontinue its non-core stone diamond tools business. 

as part of the commitment to transforming towards profitable growth and strategic portfolio management, Husqvarna Group plans to discontinue its non-core stone diamond tools business within the Construction Division.

Under the plan, Husqvarna will shut down manufacturing operations in its Construction Division for stone diamond tools in Belgium, Portugal, and Greece, along with all global service centers and sales activities linked to the stone business.

“This is fully aligned with the group’s strategy to transform to profitable growth through disciplined portfolio management and more focused capital allocation. Going forward, a more streamlined product portfolio will enable us to prioritise investments in innovation in segments with the strongest potential to deliver margin expansion and attractive returns,” said Glen Instone, CEO of Husqvarna Group.

The exit will reduce net sales by approximately SEK 250 million on a full-year basis and will have a slight impact on the operating margin in the division, said the company.

The stone diamond business is currently reported in the Sawing and Drilling Business Portfolio Unit and employs approximately 200 people. “The intended withdrawal process will be prepared and carried out in each affected country,” said the country. “With consideration and care for our employees, and in consultation with works councils and unions with the aim of ensuring a responsible exit.”

The full withdrawal is expected to be completed by the end of 2026.