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Lagercrantz Group: Lagercrantz acquires Skomø A/S
PRESS RELEASE
Today Lagercrantz Group has acquired all the shares in the Danish
company Skomø A/S.
Skomø develops, manufactures and markets graphic custom-designed
imaging materials. Customers consist of car dealers, real estate
agents and retail businesses in Denmark. The company's operations are
based in Ebeltoft in Jutland and it generates annual sales of about
MDKK 45 with good profitability.
"Skomø is a company with a strong position in its market niche and
thus is well-suited to the Lagercrantz Group. We are very much
looking forward to supporting Skomø in its continued expansion," says
Jörgen Wigh, President and CEO of Lagercrantz Group.
Tommy Bøgehøj, owner and CEO: "With Lagercrantz, we get a long-term
and strong owner that shares our view of the company's potential as
well as our values. I am very confident about the future with
Lagercrantz as owner."
Skomø will form part of the Lagercrantz Communications division as
from September 2016. The acquisition is expected to generate a small
positive addition to the Group's earnings per share on an annual
basis.
Stockholm, 15 September 2016
Lagercrantz Group AB (publ)
For further information please contact:
Jörgen Wigh, President and CEO, Lagercrantz Group AB, telephone +46 8
700 66 70
Per Ikov, Vice President Business Development, telephone +45 2547
8411,
or visit our website www.lagercrantz.com
The information was submitted for publication on 15 September 2016 at
11:40.
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group that offers world-leading,
value-creating technology, using either proprietary products or
products from leading suppliers. The group is comprised of some 40
companies, each with a focus on a specific sub-market - a niche.
Strong value creation is common for all companies as well as a high
degree of customisation, support and other services.
Lagercrantz Group is active in seven countries in Northern Europe, in
China and in the USA. The Group has approximately 1,250 employees and
annual revenue of about MSEK 3,000. The Company is listed on Nasdaq
Stockholm since 2001.
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