Cefour Wine & Beverage Partihandel AB (publ) (OM:CEFO B) agreed to acquire L.O. Smith AB for SEK 14.8 million in cash and stock on February 4, 2016. Under the terms of the agreement, Cefour Wine & Beverage Partihandel will pay SEK 7.4 million in cash and will issue 81.04 million B shares for the transaction.

Cefour Wine & Beverage Partihandel AB (publ) (OM:CEFO B) completed the acquisition of L.O. Smith AB on March 16, 2016. The transaction was closed by regulating the purchase price. The acquisition includes all the shares in L.O. Smith Holdings and its subsidiaries, which include a modern production facility in Götene, a stable customer base with long national and international relations, a broad product portfolio with strong brands and a large property, which in addition to its own operations also host external tenants.