Beijer Alma completed the acquisition of a 80% stake in Swedish Microwave.

Beijer Alma, an industrial group, completed the acquisition of a 80% stake in Swedish Microwave, a manufacturer of equipment for satellite communication. Financial terms were not disclosed. “I’m impressed with the high level of technical expertise and strong market position that SMW has established. The company is well managed, niched and provides us with a new product area with exposure to a growing market, fully in line with our active acquisition strategy. I look forward to working together with the minority shareholders and employees to take the company to the next level," Staffan Johansson, Beijer Alma President.