Hexatronic Group AB (publ) (OM:HTRO) entered into an agreement to acquire Iftac AB from Hudiksvalls kommun for SEK 16.7 million on December 19, 2016. The purchase price amounts to SEK 8.9 million in cash and an additional consideration could amount to SEK 7.8 million based on the next two financial years EBITDA. The acquisition is financed with exercise of the part of the agreed acquisition frame from Nordea. Iftac had sales of SEK 20 million in last fiscal year. Karin Nygård-Skalman, Chief Executive Officer of Iftac, will continue in the role. Iftac is expected to be consolidated from January 2, 2017. Advokatfirman Vinge KB acted as legal advisor for Hexatronic Group AB. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Iftac AB from Hudiksvalls kommun on January 2, 2018.