On December 16, 2016, publicly-listed Lammhults Design Group (LAMMB: Stockholm) acquired 100% of Morgana AB, a leading manufacturer of office furniture and public interiors in Sweden. Morgana is mainly engaged in the production of glass partitions for the public and office settings. The company also offers sound absorber products, tables and modular interior products. The company will be developed and operated under the management of Lammhults Design Group subsidiary Abstracta AB and will be incorporated into the Office & Home Interiors business area. Morgana CEO Magnus Ryberg and Sales Director Stefan Fogelberg, former partner, will remain at the company.
Jarl Securities acted sole financial advisor to the seller.