Lifco AB has acquired Nessco AS for an undisclosed consideration.
Lifco acquires and develops market-leading niched operations with the potential to deliver sustainable profit growth and strong cash flows. The group has three business areas: dental, demolition & tools and systems solutions. Lifco has a clear corporate philosophy which implies a long-term perspective, focus on profits and a highly decentralized organization. Lifco has 118 companies in 28 countries.
Nessco AS manufactures and distributes compressors, blowers, and vacuum pumps. The company was founded in 1989 and is based in Oslo, Norway.
Oaklins' team in Norway advised the buyer in this transaction.
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