Addtech acquires Allan Rehnström Tryckluft-Vakuum AB
Addtech Components, a business area within the Addtech Group, has today signed an agreement to acquire all shares outstanding in Allan Rehnström Tryckluft-Vakuum AB.
Allan Rehnström Tryckluft-Vakuum AB sells components and customised solutions in the fields of compressed air and vacuum to the Swedish OEM industry. The company generates revenue of MSEK 22 and constitutes a complement to other businesses within Addtech Components.
The acquisition is expected to have a marginally positive effect on Addtech's earnings per share during the current financial year. The closing will take place immediately.
Stockholm, 10 January 2008
Addtech AB (publ)
For further information, contact:
Johan Sjö, President Addtech AB, + 46 8 470 4904
Anders Dafnäs, President Addtech Components AB, +46 708 303 368