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LIV Systems d.o.o. operates as a seasoned manufacturer in the industrial components market, with a history that provides a foundation for its current strategic direction. Established in 1954 by the Postojna District's People's Committee in Slovenia, the company, originally known as LIV Kolesa, began its journey in metalworking. A pivotal moment in its recent history occurred in 2018 when the company was acquired by Franc Gregorčič, head of the Plastoform Group, and his Dutch business partner, Floris van Konijnenburg, leading to its rebranding as LIV Systems. This acquisition marked the end of its management by the Slovenian Bank Asset Management Company, which had overseen it since 2014. The new ownership structure brings together two family-run industrial powerhouses. Franc Gregorčič has a notable track record of successfully acquiring and developing manufacturing companies since the mid-1990s, building the Plastoform Group into a significant European player in plastic components, particularly for the recreational vehicle industry. His sons are also actively involved in managing different companies within the group. Floris van Konijnenburg represents the third generation of his family's business, Konijnenburg BV, a Dutch company founded in 1946 that specializes in industrial castors and wheels. With a background in Technical Business Engineering and Finance, van Konijnenburg has focused on developing custom solutions for industrial clients, steering his own company through significant growth. The joint venture in LIV Systems leverages Konijnenburg's market access and specialization with LIV's highly automated and cost-competitive production facilities in Slovenia. LIV Systems' business model is centered on the large-scale production and supply of wheels, castors, and other sheet metal parts for Original Equipment Manufacturers (OEMs). The company serves a diverse client base across 43 countries, including the construction, agriculture, and logistics industries, with a particular focus on intra-logistic container solutions and waste bin manufacturing. Its revenue is generated through the sale of a wide array of over 3,000 different products, producing more than 10 million items annually. The company's value proposition lies in its ability to deliver high-volume, European-made products with short delivery times and at competitive prices, a feat made possible by its highly automated factory that integrates all metal processing steps and surface treatments under one roof. The company's product portfolio is extensive, featuring a variety of castors and wheels, including options made from nylon, polypropylene, rubber, stainless steel, and heat-resistant materials. They also produce heavy-duty, institutional, and furniture castors, as well as pneumatic tire wheels. Beyond wheels, LIV Systems manufactures professional-grade steel wheelbarrows and custom-engineered technical OE products from stamped and deep-drawn sheet metal. The firm emphasizes its in-house research and development capabilities, utilizing 3D scanning and FEM analysis to create new and improved products. A significant investment of €8.7 million, initiated in 2022, is aimed at enhancing production capacity for container castors and advancing the company's commitment to sustainable practices, decarbonization, and digitalization. This focus is also demonstrated by their ISO 14001 certification and a 1.4 MW rooftop solar plant installed in 2023. Keywords: LIV Systems, wheels manufacturer, castors supplier, sheet metal parts, OEM components, industrial wheels, logistics components, wheelbarrows, European manufacturer, metal forming, deep-drawn metal, plastic injection, roll container wheels, waste bin castors, heavy duty wheels, custom metal solutions, Plastoform Group, Konijnenburg BV, Slovenian manufacturing, industrial engineering, automated production, sustainable manufacturing, Franc Gregorčič, Floris van Konijnenburg