OEM International acquires Flexitron AB
OEM International has today acquired Flexitron AB in Täby. The company markets electronic and automation components with an annual turnover of approximately 26 MSEK.
- Flexitron AB is a well-managed company with products that will be good complement to our present product range within the OEM group. We will gradually immerse our cooperation between Flexitron and the other OEM companies to use synergies and develop our customer offer, says Jörgen Zahlin, Managing Director and CEO for OEM International.
The purchase sum amounts to 11 MSEK. The acquisition is expected to have a small 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 16 th November 2011 at 10.00 CET.
Tranås, 16 th November 2011
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 23 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