Rettig ICC Ltd and Midway Holding AB have signed an agreement for Rettig ICC to purchase 100 per cent of Sigarth AB. The transaction is expected to close at the end of November.
The acquisition agreement includes all of the Sigarth business, including the production facilities in Sweden and Poland as well as a German sales office.
The plan is to continue to develop Sigarth on a stand-alone basis with its company name and trade brands remaining as it is.
For you, as a customer/supplier to Sigarth, the business will continue as usual.
Thomas Cedercrantz, CEO Sigarth AB + 46 370 25412