OEM International acquires Zoedale Ltd in UK
OEM International has today acquired Zoedale Ltd in UK, which has annual sales of GBP 3 million. The division represents among others ASCO, Valpes, Omal, Bernard Controls and Peter Paul who manufacture valves and actuators for various process and industrial applications.
- This broadens the product range and strengthens the offer to customers on the UK market. We see positive synergy effects with the existing UK operation so this was seen as a natural development comments Jörgen Zahlin, President and CEO of OEM International.
The acquisition is expected to have a marginal impact on OEM’s profit for the current year.
The information was made public on 31st January 2020 at 15:00 CET.
Tranås, 31st January 2020
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.