Elanders AB (publ) (OM:ELAN B) acquired Bonds Worldwide Holdings Limited for £5 million on July 1, 2022. The major part of the purchase price will be paid in the third quarter. The purchase price is on a cash- and debt-free basis. The acquisition is financed through existing credit facilities. Bonds will become part of the business area Supply Chain Solutions and be a subsidiary to Elanders' subgroup LGI. Bonds had net sales of some £5 million in 2021. Bonds will be consolidated into the Elanders Group as of July 1, 2022.

Elanders AB (publ) (OM:ELAN B) completed the acquisition of Bonds Worldwide Holdings Limited on July 1, 2022.