Altor acquires Aker Material Handling
Altor Fund II (“Altor”) has entered into an agreement to acquire Aker Material Handling (AMH), a pan-European provider of storage solutions for industrial and commercial use, from Aker ASA.AMH develops, manufactures and markets storage, archiving and logistic solutions for use in factories, warehouses, distribution centers and a range of other applications. AMH is divided into four strategic business areas, Constructor Scandinavia, Constructor Dexion, Bruynzeel and Dexion Comino.AMH is expected to generate revenues of MEUR 230 in 2007, whereof a third comes from the Scandinavian markets