XANO Industri AB (OM:XANO B) signed an agreement to acquire Prm Rotomoulding.

XANO Industri AB is a Sweden-based industrial holding company. It acquires and operates companies providing manufacturing and development services for industrial products and automation equipment. The Company's subsidiaries are grouped into three business units. The Industrial Products unit designs, manufactures and markets plastic components and systems produced using such technologies as rotational molding, injection molding and blow molding. The Industrial Solutions unit develops automation solutions for the packaging industry, including packaging machines, accumulators and conveyor systems. The Precision Technology unit manufactures components and systems through cutting-machining of metal and plastic. The Company operates in the Nordic countries, Estonia, the Netherlands, Poland, China and the United States, among others.