The acquisition of LGI approved by the competition authorities
Press Release from Elanders AB (publ) 2016-07-19
The German and Austrian competition authorities have now approved Elanders’ acquisition of LGI Logistics Group International GmbH.
On the 17th of June 2016 Elanders announced signing a contract for the acquisition of all the shares in the German supply chain management company LGI Logistics Group International GmbH. The acquisition was conditional on receiving approval by German and Austrian competition authorities.
Now that approvals from the competition authorities have been received the acquisition will be completed as planned and LGI will be consolidated into the Elanders Group at 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 19 July 2016.