Lagercrantz acquires E-Tech Components Ltd
Today Lagercrantz Group has acquired all the shares in the UK company E-Tech Components (UK) Ltd. E-Tech is a distributor that is mainly focused on the UK market for cable accessories and products, electrical installation and related areas. The company is currently a distributor for Lagercrantz subsidiary Elpress AB’s products in the UK. E-Tech’s operations are based in Manchester and it generates annual sales of about MGBP 2. “E-Tech is a well-established player in a relevant market niche for Lagercrantz. Apart from distribution of existing suppliers’ products, E-Tech will now also