Lagercrantz acquires Orax
Lagercrantz has today acquired 100% of the shares in AB ORAX (“Orax”), a leading provider of products for handling and maintenance in the funeral and cemetery sectors.Orax is a Swedish technology company in Vårgårda, that develops, manufactures, and sells products for handling, transport, and storage of coffins, grave safety, as well as maintenance and decorations of cemeteries. The company generates annual revenues of some SEK 50 million with good profitability. For more information, visit: www.orax.se.“Orax has a stable core business with a strong market position in Sweden and some