# Sorb Industri AB acquires Condale Plastics

Swedish company Sorb Industri AB, owned by Lifco AB, has acquired Condale Holdings Limited, the holding company of Condale Plastics Limited. Condale Plastics has about 80 employees and reported net sales of approximately £18 million in 2021.

- Type: Acquisition
- Announced: 2022-09-02
- Where: East Grinstead, West Sussex, United Kingdom
- Status: completed
- Products: plastic products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lifco](https://endata.com/companies/52331.md) (investor)
- [Sorb Industri AB](https://endata.com/companies/65101.md) (acquirer)
- [Condale Plastics](https://endata.com/companies/65102.md) (target)

## Sources

- [walkermorris.co.uk](https://www.walkermorris.co.uk/news/walker-morris-advises-on-acquisition-of-condale-plastics/), 2022-09-02: "Walker Morris advised Swedish headquartered Sorb Industri AB on its acquisition of Condale Holdings Limited, the holding company of Condale Plastics Limited."

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