Lagercrantz completes the acquisition of Prido
Lagercrantz has today completed the acquisition of 96% of the shares of Prido AB.Prido is one of Europe’s largest manufacturers of industrial folding doors. The products are sold to a wide range of customer groups, particularly to smaller industrial companies. For more information about Prido, please visit https://www.prido.com In recent years, Prido has generated annual revenues of around MSEK 300 with operating profits (EBITA) of just under MSEK 70, and a return on working capital, P/WC (EBITA/operating WC) well above 100%. For the year ending April 30, annual revenues are expected to