Addtech acquires C. Gunnarssons Verkstads AB
Addtech Industrial Solutions, a business area in the Addtech Group, has today signed an agreement to acquire 89 % of the shares outstanding in C. Gunnarssons Verkstads AB (“CGV”). CGV is a leading supplier on the Nordic market of machines and production lines for lumber handling. CGV is project company with 45 employees and an average annual turnover of approximately SEK 200 million with headquarters in Vislanda, Sweden. CGV becomes a part of and complements our operations within the Material Processing business unit and strengthens our offer to the forest industry. Closing will