Lifco acquires the German dental company Kaniedenta
Lifco has signed an agreement to acquire a majority of the shares in the German company Kaniedenta . Kaniedenta develops, produces and sells consumables primarily to the dental industry in Germany. In 2019, Kaniedenta reported net sales of approximately 29 MEUR. The business is based in Herford, Germany and has 35 employees. The company will be consolidated in Business Area Dental. The acquisition is subject to anti-trust clearance from German authorities. The acquisition will not have any significant effect on Lifco’s earnings or