Storskogen UK acquires Tornado Group
Storskogen continues its international expansion with its third acquisition in UK after taking a qualified majority stake in Tornado Group Ltd. Tornado Group is a leading provider of premium branded animal fencing products, with an annual revenue and EBIT of approximately GBP 34.7m and GBP 5.2m, respectively for the last twelve month period ended on 30 November 2021.Since its establishment in 1969, Tornado has gone from its humble beginnings to become a name synonymous with quality in animal fence manufacturing. The development has been underpinned by the company’s innovative approach which