This was a year in which Lars Hedlund's business expansions grew rapidly and globally.
In addition to the automotive sector, there was significant expansion in the lines of spare parts for marine engines and Volvo Penta propulsion systems.

In 1991, the company was founded in Sweden with the goal of producing and distributing spare parts for heavy vehicles (trucks, buses, and marine engines) for brands such as Volvo, Scania, and Renault. From the outset, it has aspired to maintain high quality standards and accelerate delivery to global customers.
Under the founder's management, the industrial and technological approach marks the beginning of a promising era in terms of process standardization and the development of more robust solutions for the heavy automotive sector.

The turn of the millennium marks the maturation of SLP, which modernizes its logistics, expands distribution centers, and establishes a solid foundation to serve customers on a global scale.
During this period, Lars Hedlund centralizes all operations under SLP. The brand comes to represent the core of the founder's vision — uniting experience, innovation, and a total focus on excellence in replacement parts. SLP's product line grows by approximately 1,500 items per year, reaching between 16,500 and 17,000 products available to customers (in 2024).

Considering its strategic focus on the Latin American market, Balti-k Brasil will open the first official SLP store in Brazil in 2025.
With a local operating model, Balti-k Brasil guarantees a national stock of essential parts for engine and vehicle maintenance, reducing delivery times and eliminating long import waits and bureaucracy in the supply chain.
The launch in Brazil marks the beginning of direct SLP (via Balti-k) operations throughout the country and the possibility of future expansion to other South American markets.