Addtech has today taken possession of the shares in the Carbex Group

Report this content

Addtech has today taken possession of the shares in the Carbex Group. The Carbex Group is active in sales of electric brushes and electromechanical components for electrical and signal transmission. Important market segments where the products are used include the energy and medical technology industries. Annual sales amount to about MSEK 50.
 
The acquisition, which was made public on June 9, 2004, will be paid partially by conveyance of 100 000 previously repurchased class B shares in Addtech AB. The acquisition is expected to have a positive impact on Addtech's earnings per share from the time of taking possession.
 
 
 
Stockholm, September 1, 2004
 
 
Addtech AB (publ)
 

For further information, contact: <!-- hugin-supplied --><br> Anders Claeson, Executive Vice President, Addtech AB, +46 8 470 49 02 <!-- hugin-supplied --><br> Kennet Göransson, CFO, Addtech AB, +46 8 470 49 10