Addtech acquires Finnish company within fibre optics

(Thomson Reuters ONE) -


Addtech Industrial Solutions, a business area in the Addtech Group, has today
signed an agreement to acquire all shares outstanding in ACC Systems Oy.

ACC Systems Oy is a technology trading company which sells fibre optic network
components- and systems to telecom operators and network contractors on the
Finnish market. The company is a leading supplier of components and systems
solutions within the fibre optics area, and constitutes an excellent complement
to the business unit MI Group, which already holds a strong position within this
technological area on the Nordic market. ACC Systems Oy has revenue of
approximately EUR 3 million.

The closing will take place 1 July 2010 and the acquisition is estimated to have
a marginally positive effect on Addtech's earnings per share during the current
financial year.

Stockholm, 1 July 2010

Addtech AB (publ)

For further information, contact
Johan Sjö, President, Addtech AB, +46 8 470 49 00
Håkan Franzén, Business area manager,Addtech Industrial Solutions, +46
8 470 49 12



[HUG#1428996]





Addtech acquires Finnish company within fibre optics: http://hugin.info/132861/R/1428996/376265.pdf



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Source: Addtech AB via Thomson Reuters ONE

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Datum: 01.07.2010 - 13:31 Uhr
Sprache: Deutsch
News-ID 23343
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