Swedish listed Lifco takes over EFKA shares. The two companies announced this today. The arrival of Lifco as a shareholder offers EFKA the ideal opportunity to further grow the company with the aim of strengthening its market position in Europe and beyond.
In mid-August 2022, Lifco AB took over the shares of Efka Holding BV from the former owners Henk Lever and Hans de Vet. With the acquisition, EFKA becomes a subsidiary of Lifco. EFKA will continue to operate independently.
EFKA was originally founded in 1888 as a wholesaler in wooden frames and has been operating very successfully with the production of aluminium textile frames in Drachten since 2009. These frames can come with optional LED backlighting and can be realized in every shape and colour. EFKA is the European market leader and delivers to 27 countries.
Founded in 1946, Lifco is a group of nearly 200 small and medium-sized companies in 31 countries. All are opterating in niche markets and are often market leaders. Lifco's philosophy is a long-term relationship and highly decentralized management. Because the best decisions are made locally.
In recent years, the management of EFKA has been gradually transferred by the former owners to the current management, with Ids Boersma as general manager. Lever and de Vet will be available as advisors for some time to come.
The former owners have established a very efficient and intelligently organized company with high-quality products. The arrival of Lifco as a shareholder offers EFKA the ideal opportunity to further grow the company with the aim of strengthening its market position in Europe and beyond. Both in the Sign (in- and outdoor), Expo and Office market.
This makes EFKA's proposition even stronger. Wide range, large stock, fast delivery and a high level of service.