Gunnebo to acquire Cominfo.

Gunnebo agreed to acquire the Czech-based entrance control company Cominfo for SEK240m ($26m). The acquisition is in line with the Group’s profitable growth strategy and will further strengthen the market position for its Business Unit Entrance Control. “Cominfo is a well-run business that has demonstrated stable, profitable growth in recent years,” comments Gunnebo’s President & CEO Henrik Lange. “It is a good strategic fit for our Entrance Control business since it will extend both our geographical footprint and product offering. In addition, there are synergies within production and R&D.”