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Lagercrantz completed the acquisition of a 95% stake in PcP from Maj Invest for $50m.

Synopsis

Lagercrantz, a technology group, completed the acquisition of a 95% stake in PcP, a designer and producer of bespoke safety solutions within gratings, scaffolding, and handrails, from Maj Invest, an asset management company, for $50m. ”We are pleased to welcome PcP to Lagercrantz. PcP will further strengthen our TecSec division with its innovative safety solutions. We see great potential in PcP and we look forward to continuing to develop and grow the company together with John Nielsen and his experienced team.,” Jörgen Wigh, Lagercrantz President and CEO.

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