Addtech acquires Crescocito AB
Addtech Industrial Solutions, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Crescocito AB (”Crescocito”). Crescocito develops and manufactures components and complete turnkey solutions within industrial painting technology. Crescocito has 10 employees and a turnover of approximately SEK 60 million with headquarters in Lidköping. Crescocito complements and strengthens Addtech's existing operations in the area of surface treatment and will be part of the Material Processing business unit. The closing will take place