ADDTECH AB: ADDTECH GROUP ACQUIRES ALLIGATOR
This acquisition strengthens Addtech´s present business in the automotive segment. Addtech´s position as a strong automotive partner with niche competence is expected to offer opportunities of expanding the business concept in Europe.
Going forward, the business will be conducted in Stockholm and Sölvesborg. President and responsible for the initiative will be Tommy Haglund.
Solna, December 3, 2001
Addtech AB (publ)
For further information, contact:
Anders Dafnäs, President, Addtech Component Systems AB, +46 8 729 17 27
Tommy Haglund, President, Adiator AB, +46 8 729 17 01
Lars-Olof Strand, Chairman, Alligator AB, +46 456 150 40
Nils-Gunnar Persson, President, Alligator AB, +46 456 150 40