Announced
Completed
Financials
Sources
Tags
Majority
Cross Border
Completed
Single Bidder
Private
Friendly
Germany
fire safety equipment
Diversified Industrials
Acquisition
Synopsis
Presto,a Nordic company that offers fire protection, first aid and safety training, completed the acquisition of Jockel, a full-service provider of fire safety in Germany. Financial terms were not disclosed. "It’s with great pleasure we are welcoming Jockel, and together becoming the European market leader. We are seeing a growing demand for our services - not at least since every second company still lacks proper fire safety - and together with Jockel we will be able to help even more customers to a safer workplace under the motto "Saving lives together". Jockel and Presto are both built on strong entrepreneurial values, and we very much look forward to continuing our growth journey with our new Jockel colleagues," Filip Bjurström, Presto CEO.
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