Lifco AB (publ) (OM:LIFCO B) acquired all of the shares in Condale Plastics Ltd on September 2, 2022. Condale Plastics has about 80 employees and reported net sales of approximately £18 million in 2021. The acquisition will not have any significant effect on Lifco's earnings or financial position in current financial year. Consolidation is expected to take place in September 2022. Matt Copley, Jeff Gardner of BDO acted as due diligence provider to Lifco AB.

Lifco AB (publ) (OM:LIFCO B) completed the acquisiiton of Condale Plastics Ltd on September 2, 2022. Adrian Alexander and Nick Lovelock of FRP Corporate Finance Ltd acted as financial advisor for Condale Plastics and also secured a buyer.