OEM International acquires brake experts Rydahls
OEM International has today acquired all shares in AB Ernst Hj Rydahl Bromsbandsfabrik, called Rydahls. The company has head office in Swedish Karlstad, sales offices in five more locations in Sweden and is a leading supplier of brake and friction components in the Nordic countries. Rydahls has 45 employees and a yearly turnover of approximately 120 MSEK.
- Rydahls has during 100 years built a unique strong market position and we are looking forward to be a part of the future development. Some parts of the product range has a connection with other business areas within OEM International, but Rydahls will essentially add a brand new market segment to the group, says Jörgen Zahlin, Managing Director and CEO for OEM International.
The acquisition is expected to have a marginal positive impact on OEM’s profit for the current year.
This information is of the type that the company is obliged to publish in accordance with the Swedish Securities Market Act. The information was made public on 27th January 2015 at 08.30 CET.
Tranås, 27th January 2015
OEM International AB (publ)
For further information, please contact:
Jörgen Zahlin, managing director and CEO for OEM International, phone number +46(75)–242 40 22.
OEM International, with its head office in Tranås, Sweden, comprises 30 operational units in 14 countries.
The group trades in industrial components and systems for industrial automation. In simple terms, OEM acts as an alternative for manufacturers to selling through their own companies.
Visit our website – www.oem.se