Cromocol strengthens its position in material testing and quality control through the acquisition of Labrotek Oy

Cromocol has entered into an agreement to acquire 80% of the shares in Labrotek Oy, a leading provider of material testing and quality control equipment in Finland.

Labrotek Oy, headquartered in Oulu Finland, has established itself over the years as a reliable partner in testing equipment for various industries. The company has built a strong reputation for delivering high-quality products and exceptional service to its customers.

”Through the acquisition of Labrotek Oy, we are gaining a solid foothold in the Finnish market and expanding our offering in material testing and quality control. We see great opportunities to continue developing our business and provide even better solutions for our customers,” says Andreas Hagberg, CEO of Cromocol Scandinavia AB.

The acquisition of Labrotek Oy is a crucial step in Cromocol’s strategy to build a leading industrial group in material testing and quality control. The market for testing equipment is fragmented, and we see significant opportunities to take greater responsibility for customers’ quality needs, both in terms of the equipment itself and by offering additional expertise.