Bufab AB (OM:BUFAB) acquired Tilka Trading AB SEK 40 million.
October 20, 2021
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Bufab AB (publ) (OM:BUFAB) acquired Tilka Trading AB on October 21, 2021. In the twelve-month period ending August 2021, Tilka had 18 employees and sales of approximately SEK 50 million.
Bufab AB (publ) (OM:BUFAB) completed the acquisition of Tilka Trading AB for SEK 40 million on October 21, 2021. The purchase consideration amounted to SEK 40 million, of which SEK 25 million is conditional. The conditional portion of SEK 25 million comprises 100 percent of the maximum outcome of the additional purchase consideration and is subject to the company's future earnings performance.
Bufab AB (publ) is a Sweden-based company engaged in the supply of fasteners and small parts to industrial segments, and provision of logistics and purchasing services. The Company purchases, develops, manufactures and distributes components such as C-parts, standard fasteners, magnets, magnet systems, and other standard and drawing-specific parts in metal, plastic, rubber, stainless steel, metal powder, wire and fabric. It serves a variety of industries, such as telecommunication, automotive, furniture, offshore, engineering, industrial construction, agriculture, aerospace and railway. The Company operates through subsidiaries in Sweden, Norway, Finland, France, Germany, China, Taiwan, Austria, Poland, the United Kingdom and the Netherlands, among others. Also, it operates Kian Soon Mechanical Components Pte Ltd in Singapore.
BUFAB AB 
