Alligo, a business area of
Gigant provides complete solutions for workplaces, lifting and loading, and environmental protection for warehouses, industry and workshops. It works through distributors - both Alligo's concept brands and external. The divested operations had a turnover of around
- With the divestment of Gigant we simplify the structure of Alligo and give Gigant a better position for developing its business. Gigant sells to distributors, while Alligo's focus is on sales to end customers. Alligo will remain a distributor to Gigant and Gigant's products will continue to be an important part of our offering, says Clein Ullenvik, Business Area Manager for Alligo.
Gigant is acquired by
The transaction is expected to close in the beginning of November and will have a marginal negative impact on
For further information, please contact:
Clein Ullenvik, Business Area Manager Alligo - tel: +46 70 558 84 17
This information was submitted for publication on
https://news.cision.com/momentum-group-ab--publ-/r/momentum-group-divests-gigant,c3427484
https://mb.cision.com/Main/18955/3427484/1477251.pdf
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