The Swedish electrical household group ELECTROLUX is to take control of the world leader in diamond cutting instruments, Belgium's DIAMANT BOART, for SEK 1.7 bn. The seller is the British investment fund CANDOVER. The Belgian group will provide a turnover equivalent to SEK 2.5 bn and 2000 employees. ELECTROLUX has a turnover of 1.3 SEK bn in cutting products and diamond instruments.