Lifco AB (publ) (OM:LIFCO B) signed an agreement to acquire 70% stake in Astro Srl on July 11, 2023. Astro reported net sales of approximately ?9.1 million for the year ended 2022. Astro will be consolidated in Business Area Systems Solution, division Special Products of Lifco. The deal is expected to take place in the third quarter of 2023.
Lifco AB (publ) (OM:LIFCO B) completed the acquisition of 70% stake in Astro Srl in September 2023. The consideration for Astro Srl and separate transactions is SEK 4.6 billion.