Labtium Oy has become the majority stakeholder in Laponia Laboratories (LapLab) AB, Sweden.

Labtium Oy has become the majority stakeholder in Laponia Laboratories (LapLab) AB, Sweden.

Labtium Oy has subscribed for all the shares of the Laponia Laboratories AB’s new share issue and has become the majority stakeholder in LapLab. LapLab is a start-up company founded in 2007, that operates in the ore prospecting and mine laboratory business in Northern Sweden. Labtium is a Finnish state owned laboratory services provider, which was divested from the Geological Survey of Finland in 2007. It operates in six places in Finland. This arrangement will serve ore prospecting and mining customers in the Nordic countries with increased capacity, more reliable back up operations and better logistics services.

ProMan advised the Buyer during the acquisition process.

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Seller: 
Laponia Laboratories (LapLab) AB
Industry: 
Other services
Buyer: 
Labtium Oy
Industry: 
Other services

Labtium Oy has subscribed for all the shares of the Laponia Laboratories AB’s new share issue and has become the majority stakeholder in LapLab. LapLab is a start-up company founded in 2007, that operates in the ore prospecting and mine laboratory business in Northern Sweden. Labtium is a Finnish state owned laboratory services provider, which was divested from the Geological Survey of Finland in 2007. It operates in six places in Finland. This arrangement will serve ore prospecting and mining customers in the Nordic countries with increased capacity, more reliable back up operations and better logistics services.

ProMan advised the Buyer during the acquisition process.