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.
Gunnebo Plans to Divest its business outside of Sweden
July 19, 2018

Gunnebo has signed an offer from global private equity firm OpenGate Capital to acquire Gunnebo’s business in France, Belgium and Luxembourg. The planned divestment is in line with the company’s strategy to create a more focused business around key product areas: Safe storage, cash management and entrance control. The turnover attributable to the business in 2017 was EUR 117m. The business currently employs approximately 930 persons.

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