Addtech acquires GoDrive AS
Addtech Industrial Solutions, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in GoDrive AS (“GoDrive”). GoDrive is a leading supplier of frequency converters and accessories on the Norwegian market. GoDrive will become a part of and complement our operations in the BEVI-group who is a supplier of electric drive systems. GoDrive has 5 employees and a turnover of approximately NOK 75 million with headquarters in Vrådal, Norway. The closing takes place today. The acquisition is expected to have a marginally positive impact