Lifco AB (publ) (OM:LIFCO B) signed an agreement to acquire 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.