Swedelift sells and installs lifts to enable accessibility in homes and public buildings. The company has grown into a leading provider of lifts in its segment in
Trident has since 1995 manufactured ramps and today has a broad offering for home adaptations and accessibility. The acquisition enables a stronger offering to a larger market.
Swedelift's sales in 2022 amounted to 96 mSEK and operating profit to 9.5 mSEK.
Trident pays 47 mSEK and adjustments for net cash and working capital at closing on
"I look forward to that we together with Trident and Swedelift provide increased accessibility and independence to more end-users. With a broader and more complete offering for both indoor and exterior installations and through a larger customer and partner network we create growth in
"I'm proud of Swedelift's journey and what we have achieved. To join forces with Trident feels like a natural next step given the two companies' focus on quality and customer satisfaction, with a common purpose to enable that individuals with disabilities can function independently in our society. This will be good for our personnel, customers and end-users" Says
This disclosure contains information that
For more information, contact:
About
https://news.cision.com/medcap-ab/r/medcap-acquires-swedelift,c3862413
https://mb.cision.com/Main/2678/3862413/2389261.pdf
(c) 2023 Cision. All rights reserved., source