Lifco has signed an agreement to acquire a majority of the shares in the Italian company Emilplastica S.r.l. The company is a subcontractor within the molding of plastic products for the dental and electronics industries.
In 2022, Emilplastica reported net sales of approximately EUR 1.7 million of which about EUR 0.6 million was generated by the Lifco company Rhein83. Emilplastica is based in Bologna, Italy and has nine employees. Emilplastica will be consolidated in Business Area Dental. Consolidation is expected to take place in the third quarter of 2023.
The acquisition will not have any significant effect on Lifco’s earnings or financial position in current financial year.
Please visit www.emilplastica.it 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 2022, the Lifco Group consisted of 211 operating companies in 30 countries. In 2022, Lifco reported EBITA of SEK 4.7 billion on net sales of SEK 21.6 billion. The EBITA margin was 21.6 per cent. Read more at www.lifco.se.