Brief: Addtech Acquires Control Cutter

Addtech AB

20/10/2023 12:01

Oct 20 (Reuters) - Addtech AB  ADDTb.ST :
    * ADDTECH ACQUIRES CONTROL CUTTER AS
    * CLOSING WILL TAKE PLACE AT END OF OCTOBER
    * CONTROL CUTTER HAS 18 EMPLOYEES AND A TURNOVER OF
APPROXIMATELY
NOK 160 MILLION WITH HEADQUARTERS IN TANANGER, NORWAY
    * ACQUISITION IS EXPECTED TO HAVE MARGINALLY POSITIVE IMPACT
ON
ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nWkr8J0zgY 
Further company coverage:  ADDTb.ST 

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