Lann and Hallborn are two companies that manufacture components through turning and milling. The divestment is in line with Bufab’s previously communicated plan to evaluate strategic alternatives for the two companies, in light of the updated strategy presented by the Company in
During the financial year 2023, the combined net sales for Lann and Hallborn amounted to approximately 5 percent of the
"I am pleased that we are nearing the end of the strategic review that began in
The transaction is expected to be completed during the third quarter of 2024.
Advisors:
Clearwater is acting as financial advisor and Mannheimer Swartling is acting as legal advisor to
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