03:33 AM EDT, 05/04/2026 (MT Newswires) -- Garo (GARO.ST) implemented the strategic consolidation of its units, Garo Elflex and Garo Montage, bringing together all operations into the parent company.

The Swedish electrical installation systems company noted Monday that the restructuring is expected to simplify operations, improve efficiency, shorten lead times, streamline logistics flow, and provide clearer contact routes for customers and partners.

The merger is effective the same day and will not impact Garo E-mobility business, which will continue to operate under its current structure.

Additionally, all existing agreements, commitments, and customer relationships will remain in place and will be transferred to the new legal entity.