Interzon joins Absolent Group
On September 2, 2019, listed Swedish company Absolent Group AB acquired all shares in Interzon AB. Estonian subsidiary Interzon OÜ was also included in the acquisition. However, German subsidiary Interzon GmbH was excluded since this company will shortly be closed.
“The acquisition of Interzon is an excellent fit with Absolent’s strategic plan to accelerate growth in the commercial kitchen ventilation segment and perfectly complements our industrial product portfolio and customer base. We see great potential for growth through offering an extended product range for commercial kitchens.
Interzon has been exceptionally successful in penetrating the global fast-food and hotel chains and the acquisition gives us the best possible customer base in this segment of the market. It will enable us to build profitable growth internationally by utilizing Absolent Group’s size, filtration competency and global reach”, says Absolent Group’s CEO Axel Berntsson.
About Absolent Group
Absolent Group is an international company with 500 employees and head office in Lidköping. The group is listed on First North and has an annual turnover of approximately SEK 1.2 billion.
The acquisition will create promising new opportunities for growth and expansion for Interzon, with strong focus on developing new innovative products and services.
Learn more about Absolent Group here >>