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Technology and production

Swedish defence group triples sales as acquisitions fuel growth

Scandinavian Astor Group is expanding through acquisitions and shifting production capacity from the automotive industry towards defence
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Swedish defence group Scandinavian Astor Group more than tripled its sales in the third quarter, helped by acquisitions and a high pace of deliveries.

The group brings together companies working in areas ranging from ammunition and electronic warfare to precision-machined parts and carbon fibre components for the defence industry.

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