Imtech sells Swedish technical wholesale activities to Ahlsell
(Thomson Reuters ONE) -
Gouda, the Netherlands - Imtech N.V. (technical services provider in Europe)
announces that its sells its Swedish technical wholesale activities - the NEA
Elmateriel AB business unit of Imtech Nordic - to Ahlsell Sweden (Ahlsell
Sverige AB).
René van der Bruggen, CEO Imtech: 'Selling of our Swedish technical wholesale
activities allows us to fully concentrate on our core business of technical
services providing in Sweden, Norway and Finland. We are in this region on the
eve of an integration of the electrical activities of NEA with the mechanical
activities of NVS. Together, these companies in 2012 will continue as Imtech
Nordic with the aim of delivering complete multidisciplinary technical services
to its more than 2,000 customers. Goal is to achieve higher added value for
these customers by cross-selling and to increase both revenue and profitability.
In this framework we are also looking for further acquisitions.'
Selling technical wholesale activities
Imtech has a 100% interest in in the business unit NEA Elmateriel, which was
obtained with the acquisition of NEA (Närkes Elektriska AB) in June 2010.
Technical wholesale is not the core business of Imtech; hence these activities
are now being deconsolidated. Accession of NEA Elmateriel to Ahlsell Sweden
makes it possible to significantly strengthen Ahlsell's market position in
Sweden, while maintaining the employment of employees of NEA Elmateriel. At the
same time a purchase agreement between Imtech Nordic (for both the electrical
services activities of NEA and the mechanical activities of NVS) and Ahlsell has
been agreed that Imtech for a period of 5 years can make use of favourable
conditions for the complete delivery palette of Ahlsell.
NEA Elmateriel profile
NEA Elmateriel is one of the larger electrical wholesale organisations in
Sweden. This business unit serves its clients spread across eight regions in
Sweden with a total of 40 local branches. With approximately 170 employees NEA
Elmateriel realises annual revenue of around 90 million euro, of which 50% is
internal revenue (within NEA) and 50% is external revenue (with third parties).
The acquisition is subject to the approval of the Swedish competition authority.
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More information
Media: Analysts & investors:
Pieter Koenders Jeroen Leenaers
Director Corporate Communications Manager Investor Relations
T: +31 655 74 65 85 T: +31 182 54 35 04
E:pieter.koenders(at)imtech.eu E:jeroen.leenaers(at)imtech.eu
www.imtech.eu www.imtech.eu
Imtech profile
Imtech N.V. is a European technical services provider in the fields of
electrical engineering, ICT (information and communication technology) and
mechanical engineering. With approximately 26,000 employees, Imtech achieves
annual revenue of around 4.5 billion euro. Imtech holds strong positions in the
buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany,
Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the
European markets of ICT and Traffic as well as in the global marine market. In
total Imtech serves 21,000 customers. Imtech offers added value with integrated
and multidisciplinary total solutions that lead to better business processes and
more efficiency for customers and the customers they, in their turn, serve.
Imtech also offers solutions that contribute towards a sustainable society, for
example in the areas of energy, the environment, water and mobility. Imtech
shares are listed on the Euronext Stock Exchange Amsterdam, where Imtech is
included in the Midkap Index. Imtech shares are also included in the Dow Jones
STOXX 600 index.
pdf version of press release:
http://hugin.info/130755/R/1527941/463629.pdf
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Source: Imtech N.V. via Thomson Reuters ONE
[HUG#1527941]
Unternehmensinformation / Kurzprofil:
Datum: 04.07.2011 - 07:30 Uhr
Sprache: Deutsch
News-ID 56081
Anzahl Zeichen: 4892
contact information:
Town:
Gouda
Kategorie:
Business News
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