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.
Stockwik acquires truck tire company Galdax for SEK 55.8m
December 12, 2018

Stockwik has made its biggest acquisition yet by acquiring Swedish-based truck tire manufacturer Galdax. Galdax is one of the three largest truck tire manufactures in Sweden and also a leading actor in the wholesale market of truck tires. Galdax reported a turnover of SEK 72m and EBITDA of SEK 5.1m in 2017, corresponding to an EV/EBITDA multiple of 10.9x.

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