# Hager Group acquires majority stake in Swedish Elektrofabriken

Hager Group, through its Swedish subsidiary Hager Elektro AB, has signed an agreement to acquire a majority stake in Elektrofabriken, a leading cabinet builder based in Malmö. The deal is subject to regulatory approval and expected to close in Q1 2022.

- Type: Acquisition
- Announced: 2022-01-25
- Where: Malmö, Sweden
- Status: announced
- Products: low- and medium-voltage products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hager Group](https://endata.com/companies/28799.md) (acquirer)
- [Elektrofabriken](https://endata.com/companies/60569.md) (target)
- [Hager Elektro](https://endata.com/companies/60570.md) (acquirer)

## Sources

- [hager.mynewsdesk.com](https://hager.mynewsdesk.com/pressreleases/hager-foervaervar-majoritetsandel-i-svenska-apparatskaapsbyggaren-elektrofabriken-3155076), 2022-01-25: "Hager Group har undertecknat avtal om majoritetsandel i Elektrofabriken som är en ledande apparatskåpsbyggare med säte i Malmö."

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