Latour acquires HDS Group GmbH – LSAB Group strengthens their position on Europe’s largest wood market
Investment AB Latour (publ) has, through its subsidiary LSAB Group AB (LSAB), a part of Latour Industries AB, signed an agreement to acquire HDS Group GmbH (HDS). HDS, established in 1999, is a manufacturer of sawblades and sawmill knives towards the sawmill industry. HDS has 64 employees, and the headquarters is situated in Remscheid, Germany. Revenue 2023 was 9.8 MEUR and historical financial performance is in line with Latour’s financial targets. LSAB is a leading provider of tools and services related to chip making in the wood and metal industries. Today LSAB have their own