Lifco acquires Perfect Ceramic Dental in China

Lifco has signed an agreement to acquire the Chinese dental company Perfect Ceramic Dental (PCD). PCD is a dental laboratory that produces dentures and dental prosthetics mainly for MDH, a German Lifco subsidiary.

PCD has since the 1990s produced dental crowns, bridges and complex restorations for MDH Germany. The company has its main facility in Shenzhen, China. PCD reported net sales of 118 MHKD in 2016. Approximately 80% of PCD’s sales is generated by MDH, a Lifco subsidiary in Germany, which means that the acquisition will have very limited effect on Lifco’s consolidated external sales.

PCD currently has about 850 employees.

The acquisition will not have any significant effect on Lifco’s earnings or financial position in current financial year.

For more information please contact:

Per Waldemarson

Head of Business Area Dental

Phone +46 70 840 00 63, E-mail per.waldemarson@lifco.se

Åse Lindskog  
Media and investor relations manager
Phone +46 730 244 872,
E-mail ir@lifco.se

About Lifco

Lifco acquires and develops market-leading niched operations with the potential to deliver sustainable profit growth and strong cash flows. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. Lifco has a clear corporate philosophy which implies a long-term perspective, focus on profits and a highly decentralized organization. Lifco has 133 companies in 26 countries. In 2016, the Group’s net sales amounted to SEK 9 billion and the EBITA margin was 15%. For more information, visit www.lifco.se.

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About Us

Lifco offers a safe haven for small and medium-sized businesses. Lifco’s business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy implying that the company has a long-term view on its holdings, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At the end of 2017 the Lifco Group consisted of 146 operating companies in 29 countries. In 2018, Lifco reported EBITA of SEK 2,168 million on net sales of SEK 12.0 billion. The EBITA margin was 18.1 per cent. For more information, visit www.lifco.se.

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Lifco acquires and develops market-leading niched operations with the potential to deliver sustainable profit growth and strong cash flows. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. Lifco has a clear corporate philosophy which implies a long-term perspective, focus on profits and a highly decentralized organization. Lifco has 133 companies in 26 countries. In 2016, the Group’s net sales amounted to SEK 9 billion and the EBITA margin was 15%. For more information, visit www.lifco.se.
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