Lifco AB (publ) (OM:LIFCO B) signed an agreement to acquire 65% stake in Hgt Hydraulikgreifer-Technologie Gmbh on October 12, 2023. HGT will be consolidated in Business Area Demolition & Tools. For FY 2022, HGT reported net sales of approximately ?19 million and had 35 employees. Consolidation is expected to take place in the fourth quarter of 2023.

Lifco AB (publ) (OM:LIFCO B) completed the acquisition of 65% stake in Hgt Hydraulikgreifer-Technologie Gmbh in October, 2023. The combined consideration for HGT Hydraulikgreifer-Technologie GmbH and separate transactions is SEK 4.6 billion.