ETTEPLAN OYJ COMPLETES THE ACQUISITIONS WITH ESPOTEL OY AND SOIKEA SOLUTIONS OY

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, APRIL 4, 2016 AT 13.00


ETTEPLAN OYJ COMPLETES THE ACQUISITIONS WITH ESPOTEL OY AND SOIKEA SOLUTIONS OY

Etteplan Oyj has today on April 4, 2016 completed the acquisitions where Etteplan Oyj acquired the total share capitals of Espotel Oy and Soikea Solutions Oy from their key private owners and private equity investment companies. The competences achieved through the acquisitions cover all aspects of the industrial internet and make Etteplan a stronger partner in solving its customers’ needs in digitalization. A stock exchange release about the transactions was issued on March 15, 2016. The acquired businesses were integrated into Etteplan’s Group reporting as of April 1, 2016.

The transfer of the treasury shares in Etteplan as part of the acquisition price of the transactions to the key private owners of Espotel and Soikea Solutions is planned to be realized on April 8, 2016.

In Vantaa, on April 4, 2016

Etteplan Oyj

Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372
Outi-Maria Liedes, SVP, HR & Operational Development, tel. +358 40 756 9620

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com

Etteplan’s services cover engineering, technical documentation, embedded systems and IoT solutions. Our customers are the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.

In 2015, Etteplan had turnover of EUR 141.1 million. The company has about 2,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETT1V ticker.

About Us

Etteplan’s services cover engineering, technical documentation, embedded systems and IoT solutions. Our customers are the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2017, Etteplan had turnover of approximately EUR 215 million. The company has over 3,000 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker.

Subscribe