Addtech acquires Sensor ECS A/S

Addtech Components, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in Sensor ECS A/S.

Sensor ECS delivers embedded industrial and medical computer systems. The business is mainly focused on the Nordic OEM industry and health care.

Sensor ECS A/S will very effectively complement Addtech's current operations in the business area Addtech Components. The Company has 9 employees and sales of around DKK 120 million.

The closing is estimated to take effect in the beginning of November 2017 after approval is obtained from the appropriate authorities. The acquisition is estimated to have a marginally positive effect on Addtech’s earnings per share during the current financial year.

Stockholm, October 4, 2017

Addtech AB (publ)

For further information, contact
Johan Sjö, President, Addtech AB, +46 8 470 49 00
Anders Claeson, Business area manager, Addtech Components, +46 708 641 516

About Us

Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 2,900 employees in more than 130 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 10 billion. Addtech is listed on Nasdaq Stockholm.