Addtech acquires Trinergi

Addtech Energy & Equipment, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in Trinergi AB.

Trinergi is a technology trading company with operations primarily in products for electrical power measurement and thermography. The company represents global leading suppliers within its product areas and commands a solid position in the Swedish market within its customer and product segments.

Trinergi will become part of the business unit Energy Supply, providing key products to complement the Addtech Group's sales of electrotechnical products in the Swedish market. Trinergi has a revenue of approximately 20 MSEK.

The closing will take place 1 April 2011 and the acquisition is estimated to have a marginally positive effect on Addtech's earnings per share during next fiscal year.

Stockholm 24 March, 2011

Addtech AB (publ)

For further information, contact
Johan Sjö, President, Addtech AB, +46 8 470 49 00
Åke Darfeldt, Business area manager, Addtech Energy & Equipment, +46 708 870 515