Lifco acquires Cardel Group in the UK

Lifco has signed an agreement to acquire a majority of the shares in the UK company Cardel Group Ltd. Cardel is a niche provider of lamination plates for products with high quality requirements such as ID, bank and SIM cards.

In 2023, Cardel Group reported net sales of approximately GBP 16.5 million. The company is based in Baldock, UK and Langenhagen, Germany and has 74 employees. Cardel Group will be consolidated in Business Area Systems Solutions, division Contract Manufacturing. Consolidation is expected to take place in the second quarter of 2024.

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

Please visit www.cardel.co.uk and www.vtt.de for more information.

Datum 2024-05-31, kl 13:45
Källa MFN
Alla Aktier tipsar: Har du redan ett konto på Avanza? Varför inte skapa ett på Nordnet också och jämföra funktioner, courtage mm. Det tar inte lång tid, du fixar det direkt här med BankID
Investeringar i värdepapper och fonder innebär alltid en risk och det är inte säkert att du får tillbaka det investerade kapitalet