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Lifco acquires Kögel Filter in Germany

Lifco has signed an agreement to acquire a majority of the shares in the German company Kögel Filter GmbH - Contecma Filtration. The company is a specialist in process filtration and manufactures filters for the chemical and pharmaceutical industries.

In 2023, Kögel Filter reported net sales of EUR 3.8 million. The company is based in Landau, Germany and has eight employees. Kögel Filter will be consolidated in the Business Area Systems Solutions, division Special Products. Consolidation is expected to take place in the fourth quarter of 2024.

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

Please visit contecma.de for more information.

For more information please contact:
Per Waldemarson
CEO and President
E-mail: per.waldemarson@lifco.se

Åse Lindskog
Media and Investor Relations
E-mail: ase.lindskog@lifco.se
Phone: +46 730 244 872

About Us
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 centred on long-term growth, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At year-end 2023, the Lifco Group consisted of 233 operating companies in 31 countries. In 2023, Lifco reported EBITA of SEK 5.7 billion on net sales of SEK 24.5 billion. The EBITA margin was 23.2 per cent. Read more at lifco.se.

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Lifco acquires Kögel Filter in Germany

Datum 2024-11-06, kl 15:21
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Lifco acquires Kögel Filter in Germany
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