Storskogen Takes Majority Stake in Singapore's Safi Equipment and Services
Idag, 11:41
Idag, 11:41
05:41 AM EDT, 05/15/2026 (MT Newswires) -- Storskogen Group (STOR-B.ST) acquired a majority interest in Singapore-based fire safety company Safi Equipment and Services to strengthen its position in Asia and complement its technical fire safety services operations.
The Swedish conglomerate will integrate Safi, which provides installation and maintenance services for commercial, retail and industrial buildings, into its Infrastructure Services vertical in the Services business area, according to a Friday release.
The transaction is expected to have a marginally positive effect on Storskogen's earnings.
Idag, 11:41
05:41 AM EDT, 05/15/2026 (MT Newswires) -- Storskogen Group (STOR-B.ST) acquired a majority interest in Singapore-based fire safety company Safi Equipment and Services to strengthen its position in Asia and complement its technical fire safety services operations.
The Swedish conglomerate will integrate Safi, which provides installation and maintenance services for commercial, retail and industrial buildings, into its Infrastructure Services vertical in the Services business area, according to a Friday release.
The transaction is expected to have a marginally positive effect on Storskogen's earnings.
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