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Announced

Nors completed the acquisition of Strongco for $184m.

Synopsis

Nors, a diversified equipment retailer, completed the acquisition of Strongco, an industrial machinery retailer, for $184m. "We believe that Strongco will benefit from Nors' global presence and brand recognition and our years of experience in the automotive and construction equipment industry will further enhance their superior performance and future growth. We are thrilled to welcome Strongco to the Nors family," Tomás Jervell, Nors Chief Executive Officer.

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