# Altrad acquires controlling majority stake in Prezioso Linjebygg

Altrad Group completed the purchase of approximately 90% of the share capital of Prezioso Linjebygg. The transaction received approval from the works council and merger authorities.

- Type: Acquisition
- Announced: 2018-06-14
- Status: completed
- Products: scaffolding, insulation, painting, mechanical services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Altrad Group](https://endata.com/companies/32596.md) (acquirer)
- [Prezioso Linjebygg](https://endata.com/companies/32597.md) (target)

## Sources

- [altrad.com](https://www.altrad.com/en/newsreader/altrad-completes-the-purchase-of-a-controlling-majority-stake-of-the-share-capital-of-prezioso-linjebygg.html), 2018-06-14: "Working alongside Prezioso Linjebygg is a very important step for the development of the Altrad Group."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.