Lagercrantz acquires Westmatic
Lagercrantz Group today agreed to acquire Arvika-based Westmatic Invest AB, consisting of Westmatic i Arvika AB, Westmatic Corporation in Buffalo, New York as well as wholly and partly owned subsidiaries in Norway, Canada, and Australia.Westmatic is a leading supplier of environmentally friendly automated washing systems for heavy-duty vehicles such as buses, trains, trucks and construction equipment. With operations in Arvika and Buffalo, the company has a strong market position in Sweden, Norway, North-eastern North America, with exports to other parts of the world. Typical customers