Lifco acquires dental distributors in Norway and Denmark

Lifco has signed an agreement to acquire the majority of the shares in Dental Direct AS in Norway and its subsidiary 3D Dental ApS in Denmark. Both companies are distributors of dental products.

In 2016, Dental Direct AS reported external net sales of approximately 95 MNOK in Norway and 3D Dental ApS reported net sales of about 25 MDKK in Denmark. The businesses employ approximately 20 employees in total and will be consolidated in Business Area Dental.

The acquisitions 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.

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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 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 2017 the Lifco Group consisted of 138 operating companies in 29 countries. In 2017 Lifco reported EBITA of SEK 1,732 million on net sales of SEK 10.0 billion. The EBITA margin was 17.3 per cent. For more information, visit www.lifco.se.

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Quick facts

Lifco has signed an agreement to acquire the majority of the shares in Dental Direct AS in Norway and its subsidiary 3D Dental ApS in Denmark. Both companies are distributors of dental products.
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