Handverksgruppen completed the acquisition of Ritter und Frank from Martin Frank Verwaltungs.

Handverksgruppen, a company specializing in surface treatment services, completed the acquisition of Ritter und Frank, a company specializing in high-quality surface treatments, from Martin Frank Verwaltungs, a company that focuses on the acquisition and management of shareholdings in other commercial companies. Financial terms were not disclosed. "We are in an exciting phase with many activities in Germany. With the addition of Ritter & Frank Oberflächen GmbH & Co. KG, we are enhancing our presence in Baden-Württemberg and building on the solid cultural platform we have already set with companies like Hans Übelacker in Munich, Beck GmbH in the Stuttgart region, and Baur GmbH in Donaueschingen," Øyvind Emblem, Håndverksgruppen CEO.