Lagercrantz Group's subsidiary Asept International AB acquires dispensing companies UNRO and SDP
Lagercrantz Group's subsidiary Asept International AB has today acquired all shares in the companies UNRO Dispenser System AB and SDP Scandinavian Dispenser Products AB. The companies together have a turnover of MSEK 10 with good profitability.
UNRO is a manufacturer of liquid food dispensers and hygiene products. SDP sells a trade assortment of disposable pumps and accessories for, for example, antiseptic liquids and other hygiene products. The customers for both companies are found throughout the Nordic countries and Northern Europe.
As a subsidiary of Asept International AB, UNRO and SDP will be part of Lagercrantz Niche Products Division as of March 2020. The acquisition is expected to provide a marginal contribution to the Group's earnings per share on an annual basis.
Stockholm 12th March 2020
Langercrantz Group AB (publ)
For further information contact:
Jörgen Wigh, President and CEO, Lagercrantz Group AB, phone +46 8 700 6670
Jonas Ahlberg, Vice President Niche Products, Lagercrantz Group AB, phone +46 76 790 4400
The information was submitted for publication on 12 March 2020 at 11:45 CET.
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group is comprised of almost 50 companies, each with a focus on a specific sub-market – a niche. High value-creation is common to all the companies, including a high degree of customisation, support, service and other services. Lagercrantz Group is active in nine countries in Northern Europe, in China, India and in the USA. The Group has approximately 1,500 employees and annual revenue of almost MSEK 4,000. The Company is listed on Nasdaq Stockholm since 2001. www.lagercrantz.com