NTEX Acquires Eurolink and Strengthens Its Position in the German and Croatian Markets
Published 1 september 2022
It is now official that NTEX will be acquiring Eurolink i Sverige AB in Ljungbyhed, Skåne. The purchase means that NTEX will acquire all shares in Eurolink i Sverige AB, including the shareholding in Eurolink's companies in Germany, and 80 percent in Croatia.
“Eurolink’s structure and philosophy is very similar to NTEX’s, and with this in mind, I consider this a perfect match for a merger between the two companies,” says Thomas Ström, CEO and founder of NTEX.
Eurolink has been established in freight forwarding and haulage since its inception in Ljungbyhed, Skåne in 2006. In 2021 the company had a turnover of 366 million SEK. Approximately 80 per cent of this turnover comes from German and Croatian traffic, which means that NTEX will become even stronger in these markets.
One of Eurolink’s founders and CEO, Roy Hansson, will keep his position as CEO of the company, which will continue to operate under the name Eurolink.
“The aim of the merger is for Eurolink to complement and strengthen NTEX’s current operations, but also for NTEX to bring new opportunities to Eurolink’s future development and growth.”
“With Eurolink by its side, NTEX will become even better. The merger is a way for us to maintain our position as an active challenger when it comes to high quality transport, good personal service, and flexibility,” concludes Thomas Ström.
For further information, please contact:
Thomas Ström, NTEX CEO, tel: +46 70 86 14 290
Roy Hansson, Eurolink, tel: +46 70 97 73 330