Lifco acquires Cramaro Tarpaulin Systems S.r.l.
Lifco has signed an agreement to acquire the majority of the Italian company Cramaro Tarpaulin Systems. The company is a niche manufacturer of tarpaulin systems to protect materials for industrial and agricultural vehicles. In 2019, the acquired operation reported net sales of approximately 27 MEUR. The business is based in Cologna Veneta, Italy and has around 90 employees. The company will be consolidated in Business Area Systems Solutions, division Service and Distribution. The acquisition will not have any significant effect on Lifco’s