Addtech acquires GigaCom AB and GigaCom AS

Addtech Components, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in GigaCom AB and GigaCom AS.The GigaCom companies are technology trading companies providing fiber optic components and systems on the Swedish and the Norwegian market. The companies range of products are based on established suppliers supplemented with own developed products. The GigaCom companies will very effectively complement Addtech's current fiber optic operations in the business unit MI Group. The companies has six employees and sales of around SEK 30 million.