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Relais Group Unit to Purchase Majority Stake in Sweden's Qpax

MT Newswires·12/22/2025 05:28:41
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05:28 AM EST, 12/22/2025 (MT Newswires) -- Relais Group (RELAIS.HE) unit Strands Group will buy a 70% interest in Sweden-based lightweight aluminum bars manufacturer Qpax. The transaction is slated to conclude on Jan. 2, 2026, contingent on closing requirements, according to a Monday release. The Finnish compounder and acquisition platform added that it will integrate the target company into its Scandinavia segment at the start of January 2026.