Latour acquires Motala Hissar AB
Investment AB Latour (publ) has, through its wholly-owned subsidiary Aritco Group AB, signed an agreement to acquire 100 per cent of the shares in Motala Hissar AB from KONE AB. Motala Hissar is a well-established and leading manufacturer of platform lifts. The company is based in Motala with in-house development and production, and it sells through distributors across large parts of Europe. Net sales in 2020 amounted to approximately SEK 200 m, most of which was export. The company has about 50 employees. "We have had Motala Hissar on the radar for several years. The company's