# Astor Group completes acquisition of Mikroponent

Astor Group has completed the acquisition of Mikroponent, a laser cutting and etching company in Värnamo, Sweden, for an initial purchase price of 30 MSEK with potential additional 10 MSEK.

- Type: Acquisition
- Announced: 2023-12-11
- Where: Värnamo, Sweden, Sweden
- Value: $2.90M (30.0M SEK)
- Status: completed
- Products: laser cutting and etching services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Astor](https://endata.com/companies/22618.md) (acquirer)
- [Mikroponent](https://endata.com/companies/74452.md) (target)

## Sources

- [nordicdefencesector.com](https://nordicdefencesector.com/en/article/astor-group-fullfoljer-forvarvet-av-mikroponent), 2023-12-15: "Astor Group has completed the acquisition of Mikroponent, which strengthens their position in the defense sector."

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