Etteplan's acquisition of Tedopres International completed
ETTEPLAN OYJ STOCK EXCHANGE RELEASE MARCH 8, 2012 AT 05:10 P.M.
ETTEPLAN’S ACQUISITION OF TEDOPRES INTERNATIONAL COMPLETED
Etteplan Oyj announced on March 2, 2012 that it had signed an agreement for the purchase of the entire share capital of Dutch-based Tedopres International B.V. The requirements of closing have been fulfilled and the closing has become effective on March 8, 2012. The ownership and control of Tedopres International B.V. have been transferred to Etteplan on January 1, 2012.
Hollola, March 8, 2012
Board of Directors
Juha Näkki, President and CEO, tel. +358 400 606 372
NASDAQ OMX Helsinki
Etteplan is a specialist in industrial equipment engineering and technical product information solutions and services. Etteplan’s engineering expertise and service products cover the entire life cycle of the client’s products. Our customers are global leaders in their fields and operate in areas like the automotive, aerospace and defense industries as well as the electricity generation and power transmission sectors, and material flow management.
Etteplan has comprehensive competence in electronics and embedded systems development, automation and electrical design, mechanical design and technical product information solutions and services.
In 2011, Etteplan had turnover of EUR 119.4 million. The company currently has more than 1,700 experts in Finland, Sweden, and China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.