Nordic Business Report-April 25, 2006-G&L Beijer AB acquires YGAB Eldfast AB
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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).
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