Boreo
Boreo: Acquisition journey continues with add-on acquisition - SEB (SEB Research)
Boreo continued its acquisitions by announcing today that it has acquired Finnish industrial manufacturing services company J-Matic focused on box-build assemblies. The acquired company generated EUR 2.3m sales in 2021 (some 2% of Boreo's continued operations sales in 2021). J-Matic has shown strong sales growth with improving EBITDA margins 2019-2021, which can support Boreo's profitability development going forward.
SEB Research
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