STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Troax AB (STO:TROAX), which is part of the Troax Group AB, acquires all shares in Lagermix Rullportar AB as of 1 October 2015, with an estimated annual turnover of approximately 10 MSEK.
Lagermix Rullportar (www.lagermixrullportar.se delivers complete solutions for installations of rental storage. These solutions includes complete ’self-storage’ interiors or storage areas for rental or storage buildings.
Lagermix Rullportar have its seat in Falkenberg, Sweden, but delivers and installs all over Sweden and other Nordic countries.
Troax is increasing its focus on the concept ‘self-storage’ and this acquisition should be seen as a step in this development. “This is an important step in increasing the Troax offering to the growing segment of ‘self-storage”, comments Thomas Widstrand, CEO of Troax Group AB.
There will be no or only marginal impact on the profit per share in Troax Group AB.
The company will be integrated in Troax organization and will be given new possibilities for growth outside of Sweden, the main market for Lagermix Rullportar so far.
The founder Jens Pedersen will continue to be active in the company and give the customers the same excellent service like before. “It will be, by this acquisition, easier for me to concentrate even more on customers and on new markets, which I am looking forward to”, concludes Jens Pedersen, founder of Lagermix Rullportar.
Hillerstorp 16th of October 2015
Troax Group AB (publ)
About Troax
Troax is the leading global supplier of indoor perimeter protection (“metal-based mesh panel solutions”) for the market segments: Automation & Robotics, Material Handling & Logistics and Property Protection. Troax develops high quality and innovative safety solutions to protect people, property and processes.
Troax Group AB (publ), Reg. No. 556916-4030, has a global organisation with an unparalleled sales force and efficient logistics setup, enabling local presence and short delivery times in 31 countries. In 2014 Troax net sales amounted to around EUR 90 million and the number of employees amounted to about 400 persons. The Company’s head office is located in Hillerstorp, Sweden.
This information was brought to you by Cision http://news.cision.com