Troax AB acquires Garantell AB
Hillerstorp 1st of December 2023, 11:00 CET Troax AB, which is a part of the Troax Group, has entered into an agreement to acquire all outstanding shares in Garantell AB (“Garantell”)Garantell is a Swedish company specializing in the design, manufacture, and distribution of customized mesh decks, mesh panels, wire mesh, and safety solutions primarily for industrial and commercial applications. The company’s turnover is roughly 35 M€ with a solid but somewhat lower profitability compared to Troax. Garantell was founded in 2002. “I am happy to announce that Garantell is joining the