Nolato divests its Romanian operations

Summary by AI BETAClose X

Nolato has announced the divestment of Nolato Romania, a business with annual sales exceeding SEK 60 million and profitability below the group average, which has operated under Nolato's Hungarian activities since 2010. This strategic move, aimed at focusing on core operations, involves a transaction expected to conclude in the fourth quarter of 2026, pending regulatory approval. The Romanian entity, specializing in high-volume injection molding with approximately 45 employees, is part of the Engineered Solutions business area.

Disclaimer*

UK 100

Latest directors dealings