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:
Media and investor relations manager
Phone +46 730 244 872
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.