Arbona to acquire Bufab Lann and Hallborn Metall from Bufab for SEK230m.

Arbona, an investment company, agreed to acquire Bufab Lann, a Swedish manufacturer of turning components, and Hallborn Metall, a company offering cutting processing, milling, automatic and CNC-lathing services, from Bufab, a trading company offering sourcing, quality control, and logistics of C-parts, for SEK230m. "I am pleased that we are nearing the end of the strategic review that began in December 2023, and I see the divestments as part of streamlining Bufab’s offering and as a step towards achieving our updated profitability targets. Arbona stood out early on in the process and feels like the right owner to take advantage of and drive Lann and Hallborn forward," Erik Lundén, Bufab President and CEO.