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Lindab International AB ( (SE:LIAB) ) has shared an update.
Lindab International AB has successfully completed the acquisition of the British ventilation company HAS-Vent Ltd, following a review by the UK’s Competition and Markets Authority. This strategic acquisition, which required the divestment of two branches, enhances Lindab’s presence in the UK market, expanding its distribution network to over 30 branches and strengthening its operations in one of Europe’s key markets.
The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK248.00 price target. To see the full list of analyst forecasts on Lindab International AB stock, see the SE:LIAB Stock Forecast page.
More about Lindab International AB
Lindab is a leading European company specializing in ventilation solutions, focusing on developing, manufacturing, and distributing products and systems for energy-efficient ventilation and healthy indoor climates. Known for high-quality and environmentally conscious products, Lindab operates in 20 countries with around 5,000 employees, and its shares are listed on the Nasdaq Stockholm.
Average Trading Volume: 128,041
Current Market Cap: SEK15.2B
For detailed information about LIAB stock, go to TipRanks’ Stock Analysis page.