Balco Group’s subsidiary TBO Haglinds has completed the acquisition of Arutex AB
02.01.2023
Växjö January 2, 2023
On November 30, 2022, Balco Group AB announced that its subsidiary TBO Haglinds AB had entered into an agreement to acquire all shares in the company Arutex AB. The acquisition has now been completed.
Arutex AB has been one of TBO's largest partners for several years, carrying out the assembly of balconies and glazing. The purpose of the purchase is to secure the availability of fitters as TBO grows. TBO intends to increase the workforce in Arutex, which will be operated as a subsidiary of TBO.
For more information, please contact:
Pär Haglind, Managing Director TBO Haglinds AB, +46 70-607 46 43, [email protected]
Camilla Ekdahl, acting CEO Balco Group, +46 70-606 30 32, [email protected]
Michael Grindborn, CFO and Head of IR Balco Group, +46 70-670 18 18, [email protected]
Balco Group’s subsidiary TBO Haglinds has completed the acquisition of Arutex AB
