- Lifco Acquires Dental Manufacturer in Italy

 27 June 2018 - Lifco has signed an agreement to acquire the majority of the Italian dental company Rhein 83

 

The company develops and manufactures advanced dental attachments, used for example to attach full dentures to dental implants. The products are sold via distributors globally.

In 2017, the acquired operation reported net sales of approximately 8 MEUR. The business is located in Bologna and employs about 25 employees. The operation will be consolidated in Business Area Dental.

The acquisition will not have any significant effect on Lifco’s earnings or financial position in current financial year.

 

Ingvar Ljungqvist, Head of Acquisitions di LIFCO and Per Waldemarson, Head of Business Area Dental di LIFCO

 

About Lifco
Lifco offers a safe haven for small and medium-sized businesses. Lifco’s business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy implying that the company has a long-term view on its holdings, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At the end of 2017 the Lifco Group consisted of 138 operating companies in 29 countries. In 2017 Lifco reported EBITA of SEK 1,732 million on net sales of SEK 10.0 billion. The EBITA margin was 17.3 per cent. Read more at www.lifco.se

 

MORE INFORMATION

Mr Per Waldemarson

Head of Business Area Dental

Phone +46 70 840 00 63

per.waldemarson@lifco.se

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