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BRIEF-Husqvarna says to buy HTC Floor Grinding Solutions
March 7, 2017 / 7:40 AM / in 8 months

BRIEF-Husqvarna says to buy HTC Floor Grinding Solutions

March 7 (Reuters) - Husqvarna AB

* Husqvarna Group to acquire HTC, strengthening its position in surface preparation

* Says HTC Floor Grinding Solutions, a part of HTC Group AB, headquartered in Soderkoping, Sweden is global market leader in floor grinding solutions

* Says sales in 2016 amounted to approximately SEK 380m

* Says impact on Husqvarna Group’s earnings in 2017 will be limited

* Says HTC is currently owned by Polaris, a Nordic private equity company Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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