Balco Group’s subsidiary TBO Haglinds has completed the acquisition of Arutex AB

Växjö January 2, 2023

On November 30, 2022, Balco Group AB announced that its subsidiary TBO Haglinds AB had entered into an agreement to acquire all shares in the company Arutex AB. The acquisition has now been completed.

Arutex AB has been one of TBO's largest partners for several years, carrying out the assembly of balconies and glazing. The purpose of the purchase is to secure the availability of fitters as TBO grows. TBO intends to increase the workforce in Arutex, which will be operated as a subsidiary of TBO.