Lagercrantz acquires Plast & Plåt Vägmärken Aktiebolag

Lagercrantz has today signed an agreement to acquire 100% of the shares in Plast & Plåt Vägmärken Aktiebolag (PPV), a leading player in permanent and temporary road signage.

The company is located in Kållered near Gothenburg and has a strong position in Western Sweden with sales to large infrastructure projects as well as operation and maintenance of national and municipal road networks. PPV's annual turnover is approximately SEK 60 million with good profitability. For additional information about the company, please visit www.ppv.se.

"PPV will further strengthen Electrify's product portfolio within infrastructure and road safety. We see great potential in PPV's ability to develop, design and deliver quality products with high service levels to customers within road infrastructure," comments Peter Baaske, Division Manager Electrify.

"We look forward with confidence to welcoming Lagercrantz as the future owner of PPV. Lagercrantz represents a stable and long-term player with extensive experience that can assist in PPV's future development while preserving the company's core values and identity," comments Bo Ljungström, CEO of PPV AB.

Bo Ljungström will continue to lead the operations in the role of CEO of the company. PPV will be part of the Electrify division. The acquisition is expected to generate a minor positive contribution to the group's earnings per share.

Stockholm, February 7, 2025

Lagercrantz Group AB (publ)

For further information, please contact:
Jörgen Wigh, Group CEO, Lagercrantz Group AB, tel +46 8 700 66 70,
Peter Baaske, VP Division Electrify, Lagercrantz Group, tel +46 72 245 5411,
or visit our website: www.lagercrantz.com

The information was submitted for publication on 7 February 2025 at 12:45 CET.

LAGERCRANTZ GROUP IN BRIEF 
Lagercrantz Group is a Tech Group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group consists of some 80 companies, each with a focus on a specific sub-market – a niche. Lagercrantz Group is active in nine countries in Northern Europe as well as in the USA, in China and in India. The Group has approximately 3,000 employees and annual revenues of about MSEK 9,000. The Company is listed on Nasdaq Stockholm since 2001. Read more on www.lagercrantz.com

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