Australia-based paper merchant PaperlinX's Danish unit expands into Sweden with acquisition of Cadorit, which specializes in digital signs and printing, as of June 1
June 4, 2013
– AUSTRALIAN COMPANY NEWS BITES
SOURCED FROM INFORMATION LODGED WITH THE AUSTRALIAN STOCK EXCHANGE
PaperlinX announced that its Danish operations, PaperlinX CC&Co, have acquired Cadorit AB for $1.1m. Cadorit is based in Boras (South West Sweden) and specialises in digital solutions for the sign and print industry. The acquisition completed on 1 June 2013 and was funded out of the local credit facilities of PaperlinX CC&Co.
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