Lifco acquires Top Dental
Lifco has signed an agreement to acquire Top Dental, a dental company based in Silsden, England.
In 2014, Top Dental reported net sales of approximately 3.4 MGBP. The company 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.
Top Dental is a producer disinfection products used in the dental field. In addition the company is a distributor of dental consumables to dentists in UK.
Top Dental production and warehouse is located in Silsden close to Leeds in England. The company employs about 30 people.
For more information please contact:
Head of Business Area Dental
Phone +46 70 840 00 63
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 106 companies in 28 countries. In 2014, the Group’s net sales amounted to SEK 6.8 billion and the EBITA margin was 14.2%. For more information, visit www.lifco.se.
This information is made public March 25, 2015, at 08.00am CET according to the Securities Market Act, the Financial Instruments Trading Act and/or the regulations of the NASDAQ OMX Stockholm.