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Tisenhult-gruppen purchases shares in Expando

Tisenhult-gruppen has purchased all of the remaining 20% outstanding shares of its subsidiary Expando AB and now owns 100% of the shares.

Expando is a leading supplier of technically advanced products for the defense and aerospace industries. The company has been a part of Tisenhult-gruppen since 2016. The successful partnership with the two earlier owners and co-founders continue as these stay on Expando’s board of directors and also keep their operational positions as CEO and active director respectively.