Addtech acquires R&K gruppen

Addtech acquires R&K gruppen Bevinggruppen AB, a unit within the Addtech Group, has concluded an agreement to acquire R&K gruppen in Täby. R&K gruppen consists of three operating companies with aggregate revenues of MSEK 100. R&K's business concept value-adding technology trade between the Far East and the Nordic Region. Products are comprised of customer-specific components and systems developed in cooperation with customer and supplier. R&K gruppen was started in 1986 and the founders, who will remain in the organization, have worked with the Far East since the mid-1960s. Strong and long-term relationships have been created, which are key to success in business with Japan and China. With this acquisition, Addtech strengthens its leading position in technology trade in the Nordic Region. Solna, September 26, 2002 Addtech AB (publ) For further information, contact: Hans O Roos, President, R&K gruppen AB, + 46 8 544 40 560 Erwin Theimer, President, Bevinggruppen AB, + 46 8 729 17 00 Johnny Öhman, Executive Vice President, Addtech AB, + 46 8 470 49 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/09/26/20020926BIT00070/wkr0001.doc http://www.waymaker.net/bitonline/2002/09/26/20020926BIT00070/wkr0002.pdf