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Inwido AB acquires Lenhovdafonster AB.

NORDIC BUSINESS REPORT-6 July 2005-Inwido AB acquires Lenhovdafonster AB(C)1994-2005 M2 COMMUNICATIONS LTD

The Swedish private equity company Ratos AB said on Wednesday (6 July) that its portfolio company, the window maker Inwido AB, had agreed to acquire Lenhovdafonster AB.

Lenhovdafonster manufactures triple-glazed windows and reported sales of over SEK90m in 2004.

The acquisition will increase Inwido's capacity for triple-glazed windows, and provide synergies on the purchasing side.

The financial details of the acquisition were not disclosed.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:4EUSW
Date:Jul 6, 2005
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