Europe
Scandinavian Astor Group to Purchase Finnish Metal Components Maker Welas
• Scandinavian Astor Group’s (ASTOR.ST) Mikroponent has agreed to purchase Welas, a Finland-based contract manufacturer of metal components.
• The acquisition is part of the company’s strategy to expand into the metal components market.
• The acquisition is expected to boost the company’s market share and profitability.
• The acquisition is expected to be a significant step towards the company’s expansion into the metal components market.
