Strategic review of the Specialty segment completed – the business related to pick-up truck tool boxes to be divested
Following a strategic review of the Specialty segment during the year, the Board of Directors has decided to divest the U.S. business of pick-up truck tool boxes, including the production plant in Perry, Florida, US, dedicated for this business. The process to divest the business has been initiated and is expected to be completed during 2017.Net sales in this product category amounted to SEK 307m (303) in 2016. The business is geographically limited to North America and is mainly directed to contractors under the Group’s brand name UWS (included as part of the business that will be