Press releases
DUROC COMPLETES THE DIVESTMENT OF IFG ASOTA GMBH
Duroc AB announces that the transaction regarding the divestment of IFG Asota GmbH (“Asota”) to Beaulieu International Group N.V. (“BIG”) has been completed and that BIG has taken ownership of Asota.
DUROC ACCELERATES ACQUISITION PACE – ACQUIRES FOUR COMPANIES
Duroc has today entered into agreements to acquire all shares in Polyproject Environment AB, Thors Trading AB, Hydrostandard Mätteknik Nordic AB and Optyma Security Solutions Limited.
INTERIM REPORT JULY 2025 – DECEMBER 2025 – STABLE FINANCES WITH STRONG CASH FLOW BUT WEAK EARNINGS
DUROC DIVESTS IFG ASOTA GMBH – SIGNIFICANT CAPITAL RELEASED AND GROUP REBALANCING CONTINUES
Duroc AB has today entered into an agreement to divest all shares in the Linz-based fiber company IFG Asota GmbH (“Asota”) to Beaulieu International Group N.V. (“BIG”). The transaction represents an important step in the rebalancing of the Group previously communicated and results in a substantial strengthening of Duroc’s financial position.
Decision on distribution from pension fund and covid support from the U.S. government provide Duroc with approximately SEK 50 million
INTERIM REPORT JULY 2025 – SEPTEMBER 2025 REVENUE DECLINE IN LINE WITH ECONOMIC TRENDS– SOLID FOUNDATION FOR RECOVERY
Duroc is currently taking active measures to rebalance the Group’s portfolio toward industrial and trading units. Negotiations are being conducted with relevant stakeholders regarding the divestment of certain parts of the Group. In parallel, Duroc has initiated actions aimed at releasing capital tied up in other operations as well as in tangible assets within the businesses. Collectively, these measures are expected to generate significant financial resources to be allocated to prioritized business areas.