Lifco sells companies within Division Sawmill Equipment

Lifco has signed an agreement to sell the companies AriVislanda AB and Renholmen AB within Division Sawmill Equipment. The companies are acquired by the Gothenburg based industrial group Profura.

AriVislanda and Renholmen offer equipment to sawmills. The two companies had total net sales in 2015 of SEK 153 million and have 63 employees. The sale will not have any significant effect on Lifco’s earnings or financial position in current financial year.

Division Sawmill Equipment is part of Business Area Systems Solutions. The Division’s net sales amounted to SEK 796 million in 2015 and Systems Solutions’ net sales amounted to SEK 2,892 million.

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 niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. Lifco is guided by a clear philosophy centered on long-term growth, a focus on profitability and a strongly decentralised organisation. The Lifco Group comprises 133 companies in 28 countries. In 2015 the Group reported EBITA of SEK 1,186 million on net sales of around SEK 7.9 billion. The EBITA margin was 15.0 per cent. Read more at 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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ir@lifco.se
+46 72 717 59 33
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