Announced
Completed
Synopsis
Norvestor-backed Citira, a circular tire management provider, completed the acquisition of Ljungby Däck, a company engaged in tire workshops and tire sales. Financial terms were not disclosed. ”We are delighted to welcome Dan, Jacob and Ljungby Däck to our group. They have a demonstrated track record of growth and strong service which has created customer loyalty over the years. In addition, the Ljungby Däck team is expansion-oriented which fits perfectly with our growth strategy for the Småland region. We look forward to supporting Dan, Jacob and the team in their continued growth in and around Ljungby, as well as extending our reach in Småland,” David Boman, Citira CEO.
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