Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire 80% stake in Supply Plus Limited on April 26, 2023. Derek Gotts, Managing Director of Supply Plus, will remain in his position and retain 15% of the shareholding in Supply Plus. Supply Plus Limited reported revenue of £7 million in 2022. Completion of the transaction is subject to regulatory approval and is expected before the end of June 2023. The acquisition is expected to generate a small positive contribution to Lagercrantz Group's earnings per share on an annual basis.

Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 80% stake in Supply Plus Limited on June 14, 2023. The acquisition now received regulatory approval. Supply Plus will be part of the International Division as of June 2023.