Lifco AB (publ) (OM:LIFCO B) acquired Truck-line GmbH on December 3, 2021. Truck-line has 31 employees and reported net sales of approximately €15 million in 2020. The founder of Truck-line GmbH will remain involved as a partner even after the transaction. Consolidation is expected to take place in December, 2021. Christian Götz and Paul Jouy of BDO Germany acted as financial advisor and due diligence provider to Lifco. Heiner Feldhaus and Staudacher Annuß of Gütt Olk Feldhaus acted as legal advisor to Truck-line GmbH.

Lifco AB (publ) (OM:LIFCO B) completed the acquisition of Truck-line GmbH on December 3, 2021.