Lifco has signed an agreement to acquire all of the shares in the Swedish company Doxa Dental AB from the property company Doxa. Doxa Dental develops, manufactures and commercializes bioceramic dental materials.
Doxa Dental AB reported net sales of approximately SEK 12 million in 2021. The company is based in Uppsala, Sweden and operates primarily in the North American market. Sales and distribution mainly take place through the company’s global distribution network. The business will be consolidated in the Dental business area during the first quarter of 2023.
The acquisition will not have any significant effect on Lifco’s earnings or financial position in 2023.
Please visit www.ceramirdental.com for more information.
For more information please contact:
CEO and President Lifco
Media and investor relations manager
Phone +46 730 244 872, e-mail firstname.lastname@example.org
Lifco offers a safe haven for small and medium-sized businesses. Lifco’s business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy centred on long-term growth, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At year-end 2021, the Lifco Group consisted of 198 operating companies in 31 countries. In 2021, Lifco reported EBITA of SEK 3.7 billion on net sales of SEK 17.5 billion. The EBITA margin was 21.2 per cent. Read more at www.lifco.se.