Lifco AB (publ) (OM:LIFCO B) signed an agreement to acquire a majority stake in Kaniedenta Dentalmedizinische Erzeugnisse GmbH & Co. KG on October 26, 2020. The company will be consolidated in Business Area Dental. Kaniedenta Dentalmedizinische Erzeugnisse GmbH & Co. KG reported net sales of approximately €29 million in 2019. The acquisition is subject to anti-trust clearance from German authorities. The acquisition will not have any significant effect on Lifco's earnings or financial position in current financial year. Lifco AB (publ) (OM:LIFCO B) completed the acquisition of a majority stake in Kaniedenta Dentalmedizinische Erzeugnisse GmbH & Co. KG as of January 2021.