Alimak Group makes a transformational acquisition of Tractel, and accelerates its profitable growth strategy
Alimak Group AB (“Alimak Group”) has entered into an agreement to acquire Tractel (“Tractel”), a world leading height safety specialist, providing reliable, innovative and cost-effective working-at-height solutions and services. The acquisition is transformational, accelerating Alimak Group’s profitable growth strategy, creating a highly profitable global provider of safe and sustainable premium height solutions with an annual revenue of over SEK 6 billion. The acquisition adds a new vertical into Alimak Group, Height Safety & Productivity Tools, strengthening the solution portfolios within