SATS finalises Sweden acquisitions

It acquired Terminal & Transporttjänst I Sigtuna AB and APH Logistics.

SATS has completed the acquisition of Terminal & Transporttjänst I Sigtuna AB (TT) and APH Logistics (APH).

In a bourse filing, the company announced that it had received necessary regulatory approval for the transaction.

Post transaction, SATS, through its subsidiary in Sweden, WFS Sweden AB, now owns 100% of the total issued shares in the capital of TT and APH.

SATS acquired the companies from Ola Elfstrom Aktiebolag.

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