Aebi Schmidt Group acquires Arctic Machine Oy

Swiss-based Aebi Schmidt Group has completed the acquisition of Arctic Machine Oy, a Finnish manufacturer of road maintenance vehicles and equipment. The deal was signed in February 2020 and closed in two stages, with the second stage closing on November 5, 2020.

“Arctic Machine Oy will continue to operate as an independent brand, under its current management and with its existing workforce.”magnussonlaw.com

• 1 source
• magnussonlaw.comThe Acquisition of Arctic Machine by Aebi Schmidt Group stage 2 closedmikkomakinenNov 5, 2020

Summarized from public sources; check the original articles before acting on it.