Nefab Acquires Packaging Company in France

Nefab has signed an agreement to acquire all shares in the packaging company NAIROD in France.

 

NAIROD designs and manufactures a large range of handling, storage and transport steel containers and the company’s product range enables the requirements of major industrial groups. NAIROD’S turnover amounts to 3 M€ and the company has 9 employees.

 

Nefab Packaging France will use Nairod as a bridge within the Rhones Alpes region.
 

The acquisition will broaden Nefab’s technical expertise and product range by offering a new competence in packaging design and production of steel containers on the French market.

 

“The acquisition will strengthen Nefab’s presence in Europe and also enable NEFAB France to develop its offer to international industrial groups” says Stefan Ekqvist, CEO.

 

For further information, contact CEO Stefan Ekqvist, +46-70-671 30 05, e-mail Stefan.ekqvist@nefab.se.

 

Jönköping, December 22, 2008

 

Stefan Ekqvist

President and CEO
 
 

Facts about Nefab

Nefab delivers complete packaging solutions to international industrial groups, primarily within the telecom and automotive industries. Nefab companies are located in Europe, North and South America and Asia. Invoiced sales in 2007 amounted to approximately SEK 2.3 billion.