Addtech acquires Wendler

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

Wendler is a technology trading company selling material for electrical installations, fuses and exterior lighting for the public environment. The company represents global leading suppliers within its product area and has a solid niche position within its customer and product segments. Wendler has a revenue of just over SEK 40 million.

Wendler will be a part of the business unit Energy Supply and the company contributes with important products to the Addtech Group's sales of energy-related products in the Swedish market.

The closing is estimated to take place 1 January 2011 and the acquisition is estimated to have a marginally positive effect on Addtech's earnings per share during the current financial year.

Stockholm,10 December 2010

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