Lifco has signed an agreement to acquire Haglöf Sweden, the world leading supplier of professional forest inventory instruments.
In the financial year 2015/16, Haglöf Sweden reported net sales of approximately SEK 60 million ($6.5 million) and the company employs 43 people.

Haglöf Sweden will be consolidated in business area Systems Solutions’ division Forest (previously Sawmill Equipment). The acquisition will not have any significant effect on Lifco’s earnings or financial position in current financial year.

Haglöf Sweden was founded in 1943 and has its head office and production in Långsele, Sweden.