Acquirer: Teqnion
Swedish industrial group Teqnion has acquired Birkett Bogmats, a UK-based specialist in hardwood timber bog and crane mats, marking Teqnion's ninth acquisition facilitated by KBS Corporate. Summary of transaction details: Value: Not Disclosed Sector: Industrial Materials, Construction, Civil Engineering, Plant Hire Advisor: KBS Corporate (Fabio Rambelli) Key Entities: Target: Birkett Bogmats (CEO Juanita Watts); Acquirer: Teqnion (CEO Johan Steene) Location: Target: Stratford-upon-Avon, UK; Acquirer: Sweden Note: This acquisition strengthens Teqnion's portfolio by adding a market-leading supplier of specialised industrial products, aligning with their strategy of acquiring companies with strong business models and supporting their continued growth and market expansion.
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