Polaris has divested the Floor Grinding Solutions division of HTC Sweden to Husqvarna Group, streamlining their portfolio and enhancing Husqvarna's position in the construction market.
Target Information
The Floor Grinding Solutions (FGS) division is a prominent global innovator and manufacturer within the professional floor grinding systems sector. FGS specializes in advanced technologies and solutions aimed at enhancing floor preparation and finishing processes, thus catering to a diverse range of industrial and commercial applications. In 2013, Polaris III acquired HTC Sweden, bringing the FGS division under its management.
Having established a strong reputation for quality and efficiency, the FGS division has positioned itself as a leader in the floor grinding market, demonstrating significant growth in both domestic and international markets.
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Industry Overview in Sweden
The construction industry in Sweden has been experiencing a robust period of growth, underpinned by increasing demand for both residential and commercial projects. A
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