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Lagercrantz Buys 88% of UK-based bf1 Solutions

MT Newswires·08/18/2026 00:03:52
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12:03 AM EDT, 08/18/2026 (MT Newswires) -- Lagercrantz Group (LAGR-B.ST) purchased 88% of UK-based measurement systems maker bf1 Solutions Ltd on Monday, according to a same-day release. Managing Director James Welham and Business Development Director James Shingleton will keep a 12% share in bf1, which will be integrated into the Swedish industrial technology group's control division. The transaction is anticipated to be "marginally positive" on Lagercrantz's EPS.