OEM International acquires display specialist Scannotec OY in Finland

OEM International has today signed an agreement to acquire all shares in Finnish Scannotec OY with possession from 30th of June 2015. Scannotec has 6 employees, head office in Espo and a yearly turnover of approximately 1.5 MEUR. Scannotec is a supplier of technical components and systems for guidance, information, surveillance and safety that could be used in public transport and in industrial facilities.  

-     Scannotec has built a strong market position in Finland and we will support the company´s future development by cooperation with our present businesses in Finland, says Jörgen Zahlin, Managing Director and CEO for OEM International.  

The acquisition is expected to have a marginal positive impact on OEM’s profit for the current year.

This information is of the type that the company is obliged to publish in accordance with the Swedish Securities Market Act. The information was made public on 12 June 2015 at 14.30 CET.

Tranås, 12 June 2015

OEM International AB (publ)

For further information, please contact:

Jörgen Zahlin, managing director and CEO for OEM International, phone number    +46(75)–242 40 22.

OEM International, with its head office in Tranås, Sweden, comprises 31 operational units in 14 countries. The group trades in industrial components and systems for industrial automation. In simple terms, OEM acts as an alternative for manufacturers to selling through their own companies.

Visit our website – www.oem.se