BDO acted as lead advisor to the owners in the sale of VP Metall AS to Lagercrantz AB.
VP Metall is a market leader in systems for electrical connectors primarily for high voltage applications based on so-called implosive connectors. The company has a strong market position in the Nordic countries but also exports to other parts of the world. VP Metall’s annual revenue is approximately NOKm 40.
Following the acquisition, VP Metall will further strengthen Lagercrantz’s position and offer within electrical connection systems and electrical infrastructure. It will complement Lagercrantz’s largest business Elpress and its product range. Moreover, VP Metall’s know-how within implosive connectors will be useful for continued international expansion.
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