Teqnion AB (TEQ.ST) has completed the acquisition of Birkett Bogmats Limited, a UK company specializing in hardwood timber bog mats for construction and infrastructure projects. Birkett, operating since 1974, is known for quality and customer service, generating around 5.3 million euros in annual revenue. The acquisition strengthens Teqnion’s portfolio with sustainable solutions, although it won’t impact 2025 financials significantly. TEQ.ST closed trading at 151.60 SEK, up 3.13 percent on the Stockholm Stock Exchange.

Read more at Nasdaq: Teqnion Acquires UK-Based Birkett Bogmats