# Investment AB Latour acquires Caljan

Investment AB Latour signed an agreement to acquire Caljan, a Danish manufacturer of telescopic conveyors and logistics solutions with EUR 100 million in sales and 450 employees.

- Type: Acquisition
- Announced: 2019-10-16
- Where: Denmark
- Status: announced
- Products: telescopic conveyors, automatic label and document handling, logistics solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Rite-Hite](https://endata.com/companies/42851.md)
- [Investment AB Latour](https://endata.com/companies/41317.md) (acquirer)
- [Caljan](https://endata.com/companies/42729.md) (target)

## Sources

- [mmh.com](https://www.mmh.com/article/caljan_becomes_part_of_latour), 2019-10-16: "Caljan is a high-performer with a market leading position in the logistics sector and strong customer relationships with prominent logistics and e-commerce companies."
- [fyb.de](https://www.fyb.de/en/rite-hite-sells-caljan-to-swedish-latour/), 2019-10-22: "We are very pleased with the outcome of this transaction and are convinced that Latour is the right partner for Caljan and all of its employees."

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