Troax Group completes acquisition of Folding Guard
Press release, Hillerstorp 29 December 2016, 16.00 CET On 15 December 2016, Troax Group announced the acquisition of Folding Guard, a division within Leggett & Platt US. The acquisition has now been completed.The acquisition of Folding Guard is made through Troax Group’s wholly-owned subsidiary Troax Inc. The purchase price of USD 25.8 million has been paid and Folding Guard will, as of today, be included in Troax Group’s financial figures. The purchase price is subject to adjustments during a period of maximum 120 days based on revised calculations, by both parties, of the closing