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Announced

Indutrade to acquire Sax Lift.

Synopsis

Indutrade, an international technology and industrial business group, agreed to acquire Sax Lift, a manufacturer of standard and custom-made scissor lift tables. Financial terms were not disclosed. “We are happy to start the new year by welcoming Sax Lift to the Indutrade family. Sax Lift has an attractive customer offering and a proven track record of sustainable, profitable growth over time. We look forward to support them on their continued growth journey,” Bo Annvik, Indutrade President and CEO.

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