Addtech acquires Fluidcontrol Oy
Addtech Components, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in Fluidcontrol Oy (“Fluidcontrol”). Fluidcontrol develops, delivers and installs solutions of actuators and valves for applications primarily towards machine builders and the process industry. The company has 20 employees and sales amount to approximately EUR 4 million. Fluidcontrol will very effectively complement Addtech´s current operations within the business area Components and the operations in our Finnish subsidiary Stig Wahlström Oy. The closing is