Acquisition of Spinaclean Ltd by the Lifco Group.

Deal typeTransaction Services
Client nameSorb Industri AB

BDO provided financial and tax due diligence to support Lifco's acquisition of Spinaclean Limited.

Spinaclean is based in Northampton and develops and sells vacuum cleaners and pressure washers for indoor and outdoor high-level cleaning.

Lifco is a Swedish listed business and its business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows."