# AGES Industri acquires Östlings Verktygs and APM August Pettersson

AGES Industri has acquired all shares in Östlings Verktygs AB and APM August Pettersson AB for a total of SEK 29 million, forming a new business area Tech/Tooling.

- Type: Acquisition
- Announced: 2023-10-13
- Where: Gnosjö and Värnamo, Sweden, Sweden
- Value: $2.70M (29.0M SEK)
- Status: completed
- Products: formverktyg (molds), control fixtures, prototype and small-series manufacturing, automation
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [AGES Industri](https://endata.com/companies/73451.md) (acquirer)
- [Östlings Verktygs](https://endata.com/companies/73452.md) (target)
- [APM August Pettersson](https://endata.com/companies/73453.md) (target)

## Sources

- [ages.se](https://www.ages.se/en/press/press-releases/ages-industri-forvarvar-ostlings-verktygs-ab-och-apm-august-pettersson-ab-2/), 2023-10-13: "Vår pågående förflyttning mot att bli en mer högteknologisk kontraktstillverkare fortskrider."

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