Husqvarna Group’s Construction Division has signed an agreement to acquire Pullman Ermator AB, a market leader in dust and slurry management systems. The acquisition is expected to be finalized mid-January 2017.
Pullman Ermator, headquartered in Smedjebacken, Sweden, is a market leader in dust and slurry management solutions including dust extractor systems, dry/wet vacuums, and air scrubbers for the light construction industry. About 50 employees are mainly located in Sweden and in the fully-owned subsidiary Ermator Inc. headquartered in Tampa, Florida.
In 2016, the unaudited preliminary sales of Pullman Ermator amounted to approximately SEK 300m. The acquisition is expected to have a limited positive effect on the Group’s operating income and net results for 2017.
Pullman Ermator will be included in Husqvarna Group’s accounts as of mid-January 2017. Further details will be included in the group’s year-end report 2016, which is released on February 9, 2017.