Elanders’ acquisition of LGI is now completed
Press Release from Elanders AB (publ) 2016-07-26
In June 2016 Elanders signed a contract for the acquisition of all the shares in the German supply chain management company LGI Logistics Group International GmbH (“LGI”), which is one of the leading players in Industrial Contract Logistics in Germany. The deal was conditional on receiving the necessary approvals from the German and Austrian competition authorities. The acquisition has now been completed and LGI will be consolidated into the Elanders group starting from the end of July.
For further questions, please contact
Magnus Nilsson, President and CEO, telephone: +46 31 750 07 50
Andréas Wikner, CFO, telephone: +46 31 750 07 50
This information is information that Elanders AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 17:00 CET on 26 July 2016.