Addtech Group acquires majority stake in C. Gunnarssons Verkstads

Addtech Industrial Solutions, a unit of Addtech Group, agreed to acquire 89% of shares in C. Gunnarssons Verkstads (CGV), a Nordic supplier of lumber handling machinery based in Vislanda, Sweden. The deal is expected to close in July 2024.

“The acquisition, expected to close in July, will see CGV becoming part of the Material Processing business unit of Addtech, strengthening its offer to the forest industry.”mainsights.io

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• mainsights.ioAddtech Group acquires a majority stake in lumber machinery supplier C. Gunnarssons VerkstadsJun 11, 2024

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