*

Hitt og þetta 25. apríl 2006

G&L Beijer AB acquires YGAB Eldfast AB

Nordic Business Report-April 25, 2006-G&L Beijer AB acquires YGAB Eldfast AB
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish refrigerating, heating and industrial equipment group G&L Beijer AB said on Tuesday (25 April) that it has agreed to acquire YGAB Eldfast AB.

YGAB Eldfast, based in Vasteras in Sweden, sells and installs fire proof materials for various types of industrial ovens. The company has an annual turnover of approximately SEK5m.

The purchase price was not disclosed.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))