Ferronordic acquires workshop in Peine, Germany
Ferronordic has agreed to acquire a workshop business in Peine, Germany. The acquisition is in line with Ferronordic’s strategy to expand and improve its service network in Germany to take a larger share of the aftermarket business in its sales area. The investment amounts to approx. EUR 0.8m. The transaction is expected to be completed in February 2023.The firm Henrich Arnke operates, among other things, an independent workshop for repairs of trucks, trailers and other vehicles in Peine, Niedersachsen, in northern Germany. The workshop is strategically placed by the A2 motorway, about 20