Celsius Metech acquires Danish Aerotech

Celsius Metech acquires Danish Aerotech's calibration business Celsius Metech AB, which is part of business unit Celsius Aerotech, is establishing operations in Denmark and Germany by acquiring the calibration division of Danish Aerotech. Operations are located at Karup airport, on the Danish island of Jutland, with an additional unit in Kiel. With sales of around SEK 30 M, the division has some 60 employees. Operations include calibration and measurement services for electrical and mechanical measuring instruments. The division offers a complete range of services, as well as administrative support and consultancy, in these core competences. The acquisition is significant in that it represents one more step towards consolidating Celsius Metech's position as one of northern Europe's leading providers of calibration and measurement services. For further information, please contact Kjell Göthe, Vice President/Corporate Communications at Celsius, on + 46 (0)8 - 463 00 19 or + 46 (0)70- 583 95 44 (mobile). Celsius is an international advanced-technology and knowledge based corporation, which in close interaction with its customers develops, manufactures and maintains advanced systems, products and services within core areas Defence and Aviation Services. Based on a platform of comprehensive competence, new businesses with strong growth potential are developed for the military and commercial markets. Celsius, with sales of about SEK 14 billion, has some 11 000 employees. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/03/23/19990322BIT00310/bit0001.doc http://www.bit.se/bitonline/1999/03/23/19990322BIT00310/bit0002.pdf