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Lifco Ab ( ($SE:LIFCO.B) ) has shared an announcement.
Lifco AB has announced the acquisition of a majority stake in Klemko Group B.V., a Dutch company specializing in electrical and mechanical installation materials and lighting products. Klemko Group, which reported net sales of EUR 19.1 million in 2024, will be integrated into Lifco’s Business Area Systems Solutions. The acquisition is expected to be consolidated in the second quarter of 2025, though it will not significantly impact Lifco’s earnings or financial position for the current fiscal year.
The most recent analyst rating on ($SE:LIFCO.B) stock is a Hold with a SEK345.00 price target. To see the full list of analyst forecasts on Lifco Ab stock, see the SE:LIFCO.B Stock Forecast page.
More about Lifco Ab
Lifco is a company that provides a stable environment for small and medium-sized businesses, focusing on acquiring and developing niche businesses that can achieve sustainable earnings growth and strong cash flows. The company operates in three main areas: Dental, Demolition & Tools, and Systems Solutions, with a decentralized organizational structure. At the end of 2024, Lifco comprised 257 operating companies across 34 countries, reporting significant financial performance with an EBITA of SEK 5.9 billion on net sales of SEK 26.1 billion.
Average Trading Volume: 317,050
Current Market Cap: SEK177B
Find detailed analytics on LIFCO.B stock on TipRanks’ Stock Analysis page.