Latour's Caljan acquires US service firm WyCo for its material handling push

What's the deal? Investment AB LatourDealroom has a profile for this one. Try Dealroom →, through its wholly owned business area CaljanDealroom has a profile for this one. Try Dealroom →, has agreed to acquire 100% of WyCo ServicesDealroom has a profile for this one. Try Dealroom → LLC, a US-based provider of maintenance and installation services in the material handling sector. WyCo, headquartered in Louisiana with about 60 employees, posted $23M in revenue in 2025 with profitability above Latour's financial targets.

Caljan is a global supplier of automation technology for parcel handling in logistics and e-commerce, with headquarters in Aarhus, Denmark, roughly SEK 1.6B in turnover, and about 670 employees. Latour is a Swedish mixed investment company with an industrial operations turnover of SEK 28B and a listed portfolio valued at SEK 81B.

Why now? The deal reflects Caljan's stated strategy to expand its service capabilities across the US. WyCo, founded in 2018, has grown into a preferred nationwide service provider in its segment — making it a natural bolt-on for Caljan's existing product-focused business.

"The acquisition of WyCo marks a pivotal milestone in Caljan's strategy to strengthen and expand our service capabilities across the US," said Derek Wright, chief executive officer of Caljan.

What could go wrong? The acquisition will push Latour's net debt (excluding IFRS 16) to around SEK 15.5B, up from levels at the end of March 2026. Integrating a 60-person US services firm into a Danish-headquartered automation company also carries the usual risks around cultural fit and operational alignment.

The signal: Caljan, classified as a mature business on Dealroom, is bolting on WyCo — still in its early growth phase — to layer recurring service revenue onto its existing hardware portfolio, a playbook increasingly common among established industrial automation groups. The move also underscores European investors' appetite for US logistics infrastructure assets at a time when e-commerce-driven parcel volumes continue to stretch existing material handling capacity.

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