Lindab completes the divestment of operations in Slovakia

On February 14, Lindab announced that an agreement had been reached to divest the business in Slovakia to local investors. The divestment has now been completed according to plan.

Lindab's operations in Slovakia have around 50 employees and a turnover of approximately 100 MSEK and include production, warehousing and a sales organisation. The company's operations are mainly related to Profile Systems, but the ventilation business is also included in the divestment as it represents a minor part.

The divestment is part of the previously announced restructuring within business area Profile Systems in Eastern Europe.

The transaction contributes positively to Lindab's cash-flow.