Addtech acquires Hansabattery Oy

Addtech acquires Hansabattery Oy

ID: 40911

(Thomson Reuters ONE) -


Addtech Energy & Equipment, a business area in the Addtech Group, has today
signed an agreement to acquire all shares outstanding in Hansabattery Oy.

Hansabattery Oy sells customised batteries primarily to institutional and
industrial customers in Finland. The company represents global leading suppliers
within its product area and has a solid position within its customer and product
segments. Hansabattery Oy will be a part of the business unit Energy Storage and
the company contributes with important products to the Addtech Group's sales of
customised batteries to the Finnish and Baltic markets. Hansabattery Oy has a
revenue of approximately EUR 2 million.

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


Stockholm, 1 September 2010
Addtech AB (publ)


For further information, contact
Johan Sjö, President, Addtech AB, +46 8 470 49 00
Åke Darfeldt, Business area manager, Addtech Energy & Equipment, +46 708 870 515



[HUG#1441877]





Addtech acquires Hansabattery Oy:
http://hugin.info/132861/R/1441877/386175.pdf




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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Addtech AB via Thomson Reuters ONE




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Bereitgestellt von Benutzer: hugin
Datum: 01.09.2010 - 11:02 Uhr
Sprache: Deutsch
News-ID 40911
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