LIFCO
LIFCO IS A BUSINESS GROUP, WHICH IN 2013 HAD
A TURNOVER OF 6030 MSEK AND EMPLOYS ABOUT
3000 PEOPLE IN 30 COUNTRIES
3000
EMPLOYEES:
30
COUNTRIES:
100 6030
COMPANIES:
TOTAL TURNOVER (MSEK):
EBITA 2013 (MSEK):
692
LIFCO TO APPLY FOR A LISTING ON THE NASDAQ STOCHOLM EXCHANGE
NOVEMBER 2014
CARL BENNET AB GETINGE
Capital: 18.1%
Votes: 48.9%
Listed on Nasdaq Stockholm Exchange
Ownership structure October, 2014
LIFCO
Capital: 100%
Votes: 100%
ELANDERS
Capital: 18.1%
Votes: 48.9%
Listed on Nasdaq Stockholm Exchange
LIFCO IS DIVIDED INTO
THREE BUSINESS AREAS
DENTAL PRODUCTS
Al dente
Denmnark
Almasoft
Sweden
DAB Dental
Sweden, Estonia,
Latvia, Lithuania
Dansk Nordenta
Denmark
Dental Tiger
Germany
Dentamed
The Czech Republic
Directa
Sweden
Endomark
Sweden
Hammasväline
Finland
Interadent
Germany, the Philippines
Jacobsen Dental
Norway
LIC Scadenta
Norway
Lifco Dental
Sweden
M+W Dental
Germany, Austria, Switzerland, Hungary
Net Dental
Germany
Nordenta
Sweden
Prodent
Slovenia
Technomedics
Norway
Åhren Dental Consult
Sweden
SYSTEMS SOLUTIONS
DEMOLITION & TOOLS
Ahlberg Electronics
Sweden, USA
Aponox
Finland
ATC
France
Brokk
China, Germany, Sweden, UK,
USA, Singapore, Australia, Italy,
Norway, Switzerland
Brokk Bricking Solutions Inc.
USA
Darda GmbH
China, Germany
Demarec
Netherlands
Kinshofer
Austria, Canada, Czech Republic, France, Germany,
UK, USA
RF-System
Sweden
CONTRACT MANUFACTURING
SAWMILL EQUIPMENT
INTERIORS FOR VEHICLES
Modul-System
Belgium, Denmark, France, Germany, Netherlands,
Poland, Sweden, Switzerland, Finland
Tevo
United Kingdom
Järlåsa Elektronik
Sweden
Leab
Sweden, Estonia
Texor
Sweden
Wintech
Sweden, Estonia
Zetterströms
Sweden
AriVislanda
Sweden
Heinola Sawmill Machinery
Finland
Hekotek
Estonia, Russia
Renholmen
Sweden
SYSTEMS
SOLUTIONS 33%
DENTAL 47%
ENVIROMENTAL TECHNOLOGY
Eldan Recycling A/S
Denmark, Sweden, USA
Eleiko
Sweden, Norway
RELINING
Proline
Sweden, Norway, Finland, Denmark,
Iceland, Spain, Netherlands
DEMOLITION
& TOOLS 20%
Share of total turnover 2013
TWENTYTHREE NEW COMPANIES HAVE BEEN ADDED
TO THE GROUP THROUGH ACQUISITIONS SINCE 2006
DATE OF TRANSACTION
TARGET COMPANY
YEARLY TURNOVER
HEADQUARTER IN
BUSINESS AREA
March 2014
MDH AG
380 MSEK
Germany
Dental
February 2012
Ahlberg Electronics
70 MSEK
Sweden
Demolition & Tools
November 2011
RF-System
80 MSEK
Sweden
Demolition & Tools
October 2011
Wintech
130 MSEK
Sweden
Systems Solutions
June 2011
EDP
120 MEUR
Germany
Dental
January 2011
Net Dental
20 MEUR
Germany
Dental
October 2010
ATC
5 MEUR
France
Demolition & Tools
July 2009
Ellman Produkter
43 MSEK
Sweden
Dental
June 2009
Aponox
Start-up
Finland
Demolition & Tools
May 2009
Interdental
10 MSEK
Norway
Dental
November 2008
Endomark
10 MSEK
Sweden
Dental
July 2008
XO Care Danmark A/S
75 MDK
Denmark
Dental
February 2008
Tevo Ltd
8 MGBP
United Kingdom
Systems Solutions
August 2007
Kinshofer Group
65 MEUR
Germany
Demolition & Tools
July 2007
Safe Dental
2 MSEK
Sweden
Dental
June 2007
Proline
120 MSEK
Sweden
Systems Solutions
June 2007
Oriola Dental
45 MEUR
Finland
Dental
April 2007
Hekotek AS
16 MEUR
Estonia
Systems Solutions
April 2007
Zetterströms Rostfria AB
50 MSEK
Sweden
Systems Solutions
March 2007
Plass Data Dental
7 MDKK
Denmark
Dental
December 2006
Dental Prime Oy
3 MEUR
Finland
Dental
July 2006
Elektronikprodukter i Järlåsa AB
30 MSEK
Sweden
Systems Solutions
July 2006
Darda GmbH
8 MEUR
Germany
Demolition & Tools
Acquisitions since 2006
ANNUAL EBITA GROWTH17.7%
SINCE 2006.
1998
1999
2000
2001
2002
2003
2004
Dental
2005
2006
Demolition & Tools
2007
2008
2009
Systems Solutions
PR = proforma, i.e. including acquisition of leading German dental company MDH in March 2014
LTM = last twelve months
Lifco financials before 2012 are according to Swedish GAAP
2010
2011
2012
2013
Pro
forma
LTM
Jun
2014
1998
2008
2009
2010
2011
2012
2013
Turnover
960
4900
4150
4600
5710
6200
6030
EBITDA
50
515
370
580
700
790
760
EBITA
30
450
305
510
630
720
692
Total Assets
570
3140
2920
3420
5310
5170
5468
Equity
205
920
865
970
1820
1950
2382
Summary Profit &
Loss (MSEK)
Summary
Balance Sheet
(MSEK)
Summary of Profit & Loss and Balance Sheet 2013 according to IFRS
•  WE DEVELOP OUR PORTFOLIO COMPANIES LONG TERM
To create competitive strength, we continuously invest in our
companies and make add-on acquisitions.
•  OUR GOAL IS CONTINUOUS AND SUSTAINABLE
IMPROVEMENTS IN THE RESULTS
Short term results are often a prerequisite for long term results.
Positive effects from delivering strong results are satisfied customers,
employees and the foundation for continuous investments.
•  WE HAVE A HIGHLY DECENTRALIZED STRUCTURE AND BELIEVE IN
FREEDOM UNDER RESPONSIBILITY WITH HIGH ETHICAL STANDARDS
LIFCO
www.lifco.se