Latour acquires Scangrip A/S
Investment AB Latour has, through its fully owned subsidiary Hultafors Group AB, signed an agreement to acquire Scangrip A/S (“Scangrip”). The completion of the transaction is expected to take place during the month of October, subject to customary closing conditions. Scangrip is an industry leading manufacturer of innovative LED work lights (e.g. floodlights, handlamps, headlamps and flashlights) for professional end users. The Company is based in Svendborg, Denmark with distribution of products in Europe and North America. Net sales is expected to amount to about DKK 220 m in 2021 with