Announced

Latour to acquire Caljan.

Synopsis

Latour, a leading Swedish investment firm, is set to acquire Caljan, a provider of automation technology for parcel handling in the logistics and e-commerce sectors. Financial terms were not disclosed. The acquisition, which requires approval from European authorities, is expected to close in December. The product offering of Caljan includes telescopic conveyors, automatic label and document handling and solutions for logistics depots. “I am delighted to embrace Latour as our new owners. They are a long-term industrial owner that can support Caljan’s plans for expanding into new technologies and new markets,” Henrik Olesen, Caljan CEO.

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