Electrolux Professional to buy Tosei Corporation for about SEK 1.65 billion

Sweden's Electrolux Professional agreed to buy Japan's Tosei Corporation, a maker of professional laundry equipment and vacuum packing machines, for about 1.65 billion Swedish crowns ($163.3 million).

“Tosei will significantly strengthen our position in Japan which is the second largest laundry market, and third largest food service market globally.”reuters.com

• 1 source
• reuters.comSweden's Electrolux Professional to buy Japan's ToseiDec 22, 2023

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