Långshyttan-Gruppen (LSAB) has been acquired by Investment AB Latour
December 2010 — The private shareholders of Långshyttan-Gruppen (LSAB) have sold the company to Investment AB Latour for an undisclosed consideration.
LSAB is engaged in sales and services of cutting tools for the wood and steel industries. Headquartered in Sweden, it has operations in Sweden, Finland and the Baltic countries.
Investment AB Latour is a mixed investment company consisting of an investment portfolio with a market value of about US$1.5 billion and wholly owned industrial and trading operations, with total net sales of about US$1 billion.
Our role in the transaction
Oaklins' team in Sweden advised the seller in this transaction.
Talk to the deal team
Related deals
The minority shareholders of JJ Tomé have sold their stake to Eiffage
The minority shareholders of JOÃO JACINTO TOMÉ, S.A. (JJ Tomé) have sold their remaining stake to Eiffage Énergie Systèmes, which was already the majority shareholder, giving the French group full ownership of the Portuguese business.
Learn moreKran og Industri Service has entered Denmark through the acquisition of Hytek
Kran og Industri Service (KIS), a leading provider of crane, lifting equipment and industrial service solutions, has acquired Hytek AS, a Danish specialist in hydraulic and mechanical services.
Learn moreGrupo LTN has entered into a strategic joint venture with Kingspan Group
Grupo LTN has entered into a strategic joint venture with Kingspan Group plc, a global leader in sustainable building solutions and high-performance insulation. The partnership between the Mendoza-based industrial group and the European multinational aims to strengthen Grupo LTN’s regional leadership and accelerate the adoption of dry construction and energy-efficient building solutions across Argentina and South America. It combines Grupo LTN’s regional expertise and industrial capabilities with Kingspan’s global technology, innovation and scale to support the company’s next phase of growth in South America.
Learn more