Lagercrantz acquires Profsafe AB

Lagercrantz Group has today acquired all shares in the Swedish company Profsafe AB. Profsafe develops and markets safes and security products, e.g. for fire protection, burglary protection and cash handling, as well as weapon storage cabinets. Most sales take place in Sweden but the company also has some sales in the other Nordic markets. The company’s operations are based in Anderstorp and it generates annual sales of about MSEK 85 with good profitability.    “Lagercrantz acquires and develops businesses with leading positions in interesting niches. Profsafe has displayed good