Lifco acquires Elvärmeprodukter i Skellefteå AB
Lifco has signed an agreement to acquire all of the shares in Elvärmeprodukter i Skellefteå AB . The company sells heating products for floor, roof, ground and frost protection, mainly in Sweden. Elvärmeprodukter i Skellefteå AB has eleven employees and reported net sales of approximately SEK 38 million in 2020. The company will be consolidated in Business Area Systems Solutions, division Construction Materials. Consolidation is expected to take place in July, 2021. The acquisition will not have any significant effect on Lifco’s earnings or