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KB Components makes acquisition in Poland

KB Components

We are pleased to announce that KB Components has entered into an agreement to acquire Rabugino Sp. z.o. in Warsaw, Poland.

The company is primarily active in the automotive industry and works with end customers such as BMW, Volvo, Volkswagen and Audi. It is a company that has successfully won new business, creating a significant pipeline of new business entering production. Rabugino, the future KB Components Poland, will be integrated into the KB Components Europe segment and report to VP Europe (excl. Sweden), Elvis Pruckus.

The agreement was signed on March 12, and we are now entering a phase where a few measures need to be completed before the deal is finalised and ownership of the company is transferred to KB Components AB, which is expected to take place within two months of the signing date.

For additional information, please contact:
Magnus Andersson, CEO +46 (0) 70 816 18 13, magnus.andersson@kbcomponents.com
Michael Grindborn, CFO +46 (0) 70 670 18 48, michael.grindborn@kbcomponents.com

About KB Components
KB Components was founded in 1947 and has since developed into a global player in advanced polymer component manufacturing with production facilities in Europe, North and Central America and Asia. Through a global presence, deep expertise in injection molding technology and a well-invested machine park with a high degree of automation, the Company delivers polymer components to more than 1,000 customers in a wide range of application areas in heavy and light vehicles, medical technology and general industry. The company is headquartered in Sweden and has approximately 2,000 employees.

The company is listed on Nasdaq First North Premier Growth Market.
KB Components Certified Adviser is Svensk Kapitalmarknadsgranskning AB, www.skmg.se.

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KB Components makes acquisition in Poland

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