Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Duroc acquires Herber Engineering
December 21, 2018

Duroc (publ) has signed an agreement to acquire all shares in Herber Engineering AB. Herber manufactures advanced hydraulic and electrical tube bending machinery for cold tube forming. Customers are found in industrial segments, such as automotive, aerospace, furniture and HVAC (heating, ventilation and air condition). The company has app. 20 FTEs and revenues amounted to SEK 48m with EBIT of SEK 2.8m in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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