Lindab divests Slovakian operations to local Investors
Lindab has entered into an agreement to sell its operations in Slovakia to a group of local investors, as part of the restructuring within the Profile Systems business area in Eastern Europe. The operations, with approximately 50 employees and a turnover of SEK 100 million, include production, warehousing, and a sales organisation. The new ownership group plans to continue the business in the same direction and act as a distributor for Lindab’s products in the Czech and Slovak markets.
The divestment is expected to be completed at the beginning of the second quarter of 2025 and will contribute positively to Lindab’s cash flow upon completion.
Lindab is a leading ventilation company in Europe. Lindab develops, manufactures, markets and distributes products and system solutions for energy-efficient ventilation and a healthy indoor climate.
Lindab was advised by Mannheimer Swartling in the transaction.