XANO Industri AB (publ) (OM:XANO B) acquired Graniten Group Ab on March 22, 2024. Graniten has 70 employees and reported net sales of SEK 100 million during the financial year 2022-2023. Graniten will be part of XANO?s Industrial Solutions business unit. The acquisition is initially expected to have a marginal impact on XANO?s earnings per share. Graniten will continue to work with existing business opportunities in contract manufacturing. Lovisa Elardt of Maqs Law Firm Advokatbyrå Holding Ab acted as legal advisor to XANO Industri AB.

XANO Industri AB (publ) (OM:XANO B) completed the acquisition of Graniten Group Ab on March 22, 2024.