Rejlers has acquired the remaining stake in Lausamo
Rejlers' company in Finland, Rejlers Oy, has acquired the remaining 45 percent of Insinööritoimisto Lausamo Ltd and now owns all shares in the company.
Lausamo Oy, founded in 1984, provides services for building and property customers in the area of electrical, automation and telecommunication engineering. Lausamo is located in Vantaa and has excellent reputation and market positions in the Helsinki area and also in other parts of Finland. Lausamo Oy has also significant operations in Russia through the subsidiary LLC Lausamo Project located in Moscow. Lausamo Group has 50 employees and estimated annual sales of 3.7 million euros in 2011.
Through recruiting new staff and implementing strategic takeovers Rejlers' goal is to employ at least 2015 employees and have a turnover of at least SEK 2015 million by 2015.
For further information:
Peter Rejler, President and CEO, +46 70 602 34 24
Lars Solin, CFO, +46 73 386 15 20
Rejlers is a Nordic expertise group within electro-technology, energy, mechanics, automation, electronics, IT and telecommunications. Rejlers' shares are listed on the NASDAQ OMX Stock Exchange.
Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.00 on 26 April 2011.