Sisu Partners advised Kiilto on its divestment of Workplace Safety business to Lifco

Sisu Partners has advised Kiilto as its subsidiary Kiiltoclean A/S signed an agreement to divest the Workplace Safety business to Lifco’s subsidiary Directa AB. The divested business is a leading niche manufacturer of eyewash, plasters and first aid stations used in many different industries. The products are marketed under the brand name Plum. In 2019, the Workplace Safety business reported net sales of approximately 79 MDKK. The operation is based in Assens, Denmark and Cuxhaven, Germany and has ten employees.