OEM International acquires Scapro AB’s component sales business

OEM Electronics AB, a subsidiary of OEM International, has today signed an agreement with the purpose of acquiring Scapro AB´s component sales business. The annual turnover is approximately MSEK 30 and the product range consists of keyboards, capacitors and ferrites. The acquisition will be finished during May and the date of accession is planned to be 1st of June 2011.

-      The acquisition will add an important product range to OEM Electronics as well as new competence. Through this deal OEM Electronics expands the product range and strengthen the market position, says Urban Malm, CEO of OEM Electronics AB.

The acquisition is an asset deal where OEM acquires stock of goods, equipment, customer- and supplier deals as well as intellectual property.

The purchase sum amounts to approximately MSEK 3 plus an additional purchase sum based on how the business develops during 2011. The acquisition is expected to have a small 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 27 th April 2011 at 13.00 CET.

Tranås, 27 April 2011

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 20 operational units in 13 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