Alligo has entered into an agreement on 28 June to acquire 100 percent of the shares in the Swedish company T. Brantestig Svetsmaskinservice AB. The company has one store in Västerås, specialising in selling, renting, and servicing welding machines.
T. Brantestig Svetsmaskinservice AB has an annual turnover of approximately SEK 26 million with good profitability and has eight employees.
- We look forward to being part of a leading Nordic company like Alligo. Being part of a larger group with other welding companies will favour the profitability of our business and strengthen our offer, says Tommy Brantestig, CEO and owner T. Brantestig Svetsmaskinservice AB.
- I am pleased to welcome T. Brantestig Svetsmaskinservice to Alligo. They will be a valuable addition to our growing group of welding companies. We will continue to acquire well-managed companies that strengthen our product and service offering and match our growth strategy, says Clein Ullenvik, President and CEO of Alligo.
The acquisition was completed on 1 July 2024.
For further information, please contact:
Clein Ullenvik, CEO & President
Irene Wisenborn Bellander, CFO
Phone +46 8 712 00 00
[email protected]
About Alligo
Alligo is a leading player within workwear, personal protective equipment, tools, and consumables in the Nordic region. Sales are mainly made through the strong concept brands Swedol in Sweden and TOOLS in Norway and Finland. The Group has approximately 2,400 employees and an annual revenue of SEK 9.3 billion. The share is listed on Nasdaq Stockholm. Read more atalligo.com
Box 631, 135 26 Tyresö · Vindkraftsvägen 2, 135 70 Tyresö · Phone +46 (0) 8 - 727 27 20 · www.alligo.com
Alligo AB