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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Industri |
| Industri | Industriprodukter |
Lagercrantz has today signed an agreement to acquire 100% of the shares of Van Leeuwen Test Group BV ("VLT"), a Dutch provider of inspection equipment for heavy vehicles, with strong market positions in the Benelux and the UK.
VLT, offers a complete range of equipment for testing of mainly heavy vehicles and are particularly known for its robust and reliable brake testers and integrated software for testing stations. Operating from modern facilities in Etten-Leur in the Netherlands and Buckingham in the UK, the company currently generates annual revenues of about EUR 20 million with a good profitability. For more information about VLT, please visit https://www.vltest.com
Magnus Nilsson, Head of division Niche Products, says: "We are pleased to welcome VLT to the Lagercrantz family. The company has built an impressive market position through its reliable technology and deep industry expertise. We look forward to supporting VLT in its continued growth journey, both geographically and by further developing its product range."
"It is reassuring to entrust VLT to Lagercrantz, who I know will uphold VLT's core values and support our staff in continuing to deliver high-quality products and a high level of service to our customers," says Mr. Theo Van Leeuwen, Managing Director and owner, who will stay on as an advisor to the company.
The acquisition is subject to regulatory approval in the UK, with completion expected by January/February 2025. VLT will become part of the Niche Products division. The acquisition will not have any major impact on Lagercrantz' earnings per share.
Stockholm, 20 December 2024
Lagercrantz Group AB (publ)
For further information, please contact:
Jörgen Wigh, President and CEO, Lagercrantz Group AB, phone +46 8 700 66 70,
Jonas Ahlberg, EVP and Head of M&A, Lagercrantz Group AB, phone +46 76 790 4400,
Magnus Nilsson, Head of Division Niche Products, Lagercrantz Group AB, phone +46 70 961 15 86
or visit our website www.lagercrantz.com