Lagercrantz acquires Nikodan Conveyor Systems A/S
Today Lagercrantz Group has acquired 80 percent of the shares of the Danish company Nikodan Conveyor Systems A/S. Nikodan develops, sells and manufactures high quality belt conveyors and other product handling solutions. End customers are found amongst industrial companies, for example in the food and the pharmaceutical industries. The company has its operations in Jutland. Nikodan generates annual sales of equivalent to more than MSEK 150 with good profitability. “Lagercrantz acquires and builds businesses with leading market positions in attractive niches. Nikodan is a well-