Lifco acquires German dental laboratories

Oct 06 2017

Lifco acquires German dental laboratories

Lifco has signed an agreement to acquire City Dentallabor and Hohenstücken-Zahntechnik that offer dental prosthetics to dentists in Germany.

In 2016, the acquired operation reported net sales of approximately 1,3 MEUR. The business employs about 20 employees and will be consolidated in Business Area Dental.

The acquisition will not have any significant effect on Lifco’s earnings or financial position in current financial year.

For more information please contact:

Per Waldemarson

Head of Business Area Dental

Phone +46 70 840 00 63, E-mail per.waldemarson@lifco.se

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 26 countries. In 2016, the Group’s net sales amounted to SEK 9 billion and the EBITA margin was 15%. For more information, visit www.lifco.se.