Storskogen subsidiary Detab Ecomat secured a major contract from a world-leading company in component-based consumer products, exceeding SEK 100 million and running over two years. The project supports the customer's shift from plastic to paperboard.
Storskogen Group AB signed an agreement to acquire 100% of LNS Holding SA, a global leader in automation peripherals and services based in Orvin, Switzerland. The purchase price is CHF 185 million on a cash-and-debt-free basis.
Storskogen acquired Frigo AG, an installation company in the refrigeration market in Switzerland, as an add-on to its subsidiary Frigel AG.
Storskogen signed an agreement to acquire Schneider Electric's Cable Support business, which includes brands Wibe and Stago, with factories in Sweden and the Netherlands and about 250 employees.