TomEnterprise has entered into a binding agreement to acquire Hammar Maskin. Founden in 1974, Hammar Maskin manufactures and services trailer-mounted lifting equipment for container handling and other heavy-load application, and holds a leading position in the side loader market. Its customers are located all over the world, and the company has sold products in more than 125 countries.
TomEnterprise AB is a Swedish family-owned investment company and a long-term, active owner that invests in private and publicly traded companies.
The transaction is subject to customary regulatory approvals.
KANTER advised TomEnterprise on the transaction.