On April 1, an announcement on the Nasdaq Stockholm revealed that Salix Group – an independent division of the publicly listed Swedish company Volati – had agreed to acquire Laydex Building Solutions, an Irish, family-owned business. Founded in 1995 by Ian Woods, Laydex has grown into a company generating close to €50 million in annual revenue, with an Ebidta margin of approximately 13 per cent, equivalent to around €7 million. The business employs 65 people. “The acquisition of Laydex is transformative for Salix Group and represents an important strategic step. We are entering a new market with strong long-term drivers…

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