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Lindab International AB ( (SE:LIAB) ) has shared an announcement.
Lindab International AB has successfully completed the acquisition of Ventia, a Polish ventilation distributor, following approval from the Polish competition authority. This acquisition is a strategic move to enhance Lindab’s presence in the Polish market and boost sales of technical ventilation products, with Ventia becoming a subsidiary of Lindab Poland.
The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK270.00 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 prominent European company specializing in ventilation solutions, offering products and systems designed for energy-efficient ventilation and maintaining a healthy indoor climate. With a strong emphasis on quality, ease of installation, and environmental consciousness, Lindab operates in 20 countries, employing around 5,000 people and generating significant sales across Western Europe, the Nordic region, and Central Europe.
YTD Price Performance: -10.17%
Average Trading Volume: 116,852
Current Market Cap: SEK15.55B
Learn more about LIAB stock on TipRanks’ Stock Analysis page.