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Lifco AB Acquires UK-based MaxiMover

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Lifco AB Acquires UK-based MaxiMover

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Lifco Ab ( ($SE:LIFCO.B) ) has provided an update.

Lifco AB has acquired the British company MaxiMover, which specializes in designing and manufacturing low floor van conversions up to 3.5 tonnes. MaxiMover, based in Lincoln, UK, reported net sales of approximately GBP 39 million in the financial year ending May 2025 and will be integrated into Lifco’s Business Area Systems Solutions, specifically the Transportation Products division. The acquisition is expected to be consolidated in the third quarter of 2025, though it is not anticipated to significantly impact Lifco’s earnings or financial position for the current year.

The most recent analyst rating on ($SE:LIFCO.B) stock is a Hold with a SEK345.00 price target. To see the full list of analyst forecasts on Lifco Ab stock, see the SE:LIFCO.B Stock Forecast page.

More about Lifco Ab

Lifco is a company that provides a stable environment for small and medium-sized businesses, focusing on acquiring and developing market-leading niche companies with sustainable earnings growth and strong cash flows. The company operates in three business areas: Dental, Demolition & Tools, and Systems Solutions. As of the end of 2024, Lifco comprised 257 operating companies across 34 countries, with significant financial performance including an EBITA of SEK 5.9 billion and net sales of SEK 26.1 billion.

Average Trading Volume: 306,698

Technical Sentiment Signal: Buy

Current Market Cap: SEK159.9B

Find detailed analytics on LIFCO.B stock on TipRanks’ Stock Analysis page.

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