Lifco acquires leading manufacturer of tools for forestry and other heavy equipment industries
Lifco has signed an agreement to acquire Hultdin System AB, a leading manufacturer of tools and accessories for forestry and other heavy equipment industries. In the financial year 2015/16, Hultdins reported net sales of 152.4 MSEK and the company employs 66 people. Hultdins will be consolidated in business area Demolition & Tools. The acquisition will not have any significant effect on Lifco’s earnings or financial position in current financial year. Hultdins was founded in 1928 and has its head office and production in Malå, Sweden. Please visit www.hultdins.se for further