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 a few weeks of delay.
Latour divests its holding in Terratech to Solix
April 26, 2019

Investment AB Latour has divested its entire shareholding in the part-owned Terratech. Buyer is the Swedish investment firm Solix, which at the same time also acquires all the shares in Terratech from other owners. The transaction will give Latour a return of about 300%. Terratech, which provides Intelligent products for excavators and tool carriers, reported sales of SEK 382m with EBITDA of SEK 22m in 2017.

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