Addtech acquires Finn-Jiit OY
Addtech Components, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in Finn-Jiit Oy. Finn-Jiit delivers customised subsystems in the field of machine components and flow technology. The business is mainly focused on the Nordic OEM market. Finn-Jiit will very effectively complement Addtech's current operations in the business unit Addtech Components Finland. The Company has 10 employees and sales of around 4 million EUR. The closing is estimated to take effect in the beginning of January 2018 and to have a marginally positive