Addtech acquires Wendler

(Thomson Reuters ONE) -


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

Wendler is a technology trading company selling material for electrical
installations, fuses and exterior lighting for the public environment. The
company represents global leading suppliers within its product area and has a
solid niche position within its customer and product segments. Wendler has a
revenue of just over SEK 40 million.

Wendler will be a part of the business unit Energy Supply and the company
contributes with important products to the Addtech Group's sales of energy-
related products in the Swedish market.

The closing is estimated to take place 1 January 2011 and the acquisition is
estimated to have a marginally positive effect on Addtech's earnings per share
during the current financial year.



Stockholm,10 December 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





Addtech acquires Wendler:
http://hugin.info/132861/R/1471191/408159.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(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

[HUG#1471191]

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 10.12.2010 - 14:10 Uhr
Sprache: Deutsch
News-ID 49609
Anzahl Zeichen: 1906

contact information:
Town:

Stockholm

Kategorie:

Business News

Diese Pressemitteilung wurde bisher 312 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Addtech acquires Wendler"
steht unter der journalistisch-redaktionellen Verantwortung von

Addtech AB (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Change in the number of shares outstanding ...

Addtech acquires Switchgear ...

Addtech Group's Energy & Equipment business area agrees to acquire all shares outstanding in Switchgear AB. Switchgear sells custom-designed low-voltage switchboards mainly to Swedish basic industry. The company represents world-leading sup ...

Change in the number of shares outstanding ...

During November, holders of personnel options have exercised 49,400 personnel options to acquire 49,400 class B shares. Addtech AB has during November repurchased 25,000 shares at an average price of SEK 103.50. Addtech's holding of shares in ...

Alle Meldungen von Addtech AB