Lifco acquires world leading supplier of forest inventory instruments

Lifco has signed an agreement to acquire Haglöf Sweden, the world leading supplier of professional forest inventory instruments.

In the financial year 2015/16, Haglöf Sweden reported net sales of approximately 60 MSEK and the company employs 43 people. Haglöf Sweden will be consolidated in business area Systems Solutions’ division Forest (previously Sawmill Equipment). The acquisition will not have any significant effect on Lifco’s earnings or financial position in current financial year.

Haglöf Sweden was founded in 1943 and has its head office and production in Långsele, Sweden.

Please visit www.haglofsweden.com for further information about Haglöf Sweden.

For more information please contact:

Åse Lindskog  
Media and investor relations manager
Phone +46 730 244 872

E-mail ir@lifco.se

About Lifco

Lifco acquires and develops market-leading niched operations with the potential to deliver sustainable profit growth and strong cash flows. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. Lifco has a clear corporate philosophy which implies a long-term perspective, focus on profits and a highly decentralized organization. Lifco has 133 companies in 28 countries. In 2015, the Group’s net sales amounted to SEK 7,9 billion and the EBITA margin was 15,0%. For more information, visit www.lifco.se.


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 implying that the company has a long-term view on its holdings, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At the end of 2019 the Lifco Group consisted of 164 operating companies in 30 countries. In 2019 Lifco reported an EBITA margin of 18.2 per cent on net sales of SEK 13.9 billion.

 

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LIFCO AB
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745 85 Enköping, Sweden
ir@lifco.se
+46 72 717 59 33
Org.nr: 556465-3185

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