Lifco AB (publ) (OM:LIFCO B) signed an agreement to acquire Elvärmeprodukter i Skellefteå AB on May 8, 2021. Elvärmeprodukter will be consolidated in Business Area Systems Solutions, division Construction Materials. Elvärmeprodukter reported net sales of approximately SEK 38 million in 2020.

Consolidation is expected to take place in July, 2021.