Volati continues its growth with the acquisition of StrongPoint’s labels business
Volati has signed an agreement to acquire the labels business from StrongPoint, a provider of technology solutions to the retail sector and listed on the Oslo Stock Exchange. The acquisition is an add-on acquisition for the Ettiketto business unit within the Industry business area. It strengthens Ettiketto’s offering in the Swedish market and represents a strategically important entry into the Norwegian market. The acquired business reported annual sales of approximately SEK 185 million in 2020 with an EBITDA, excluding IFRS adjustments, of approximately SEK 25 million. The acquisition