Brief: Addtech Acquires Impulseradar Sweden AB

Addtech AB

04/04/2022 15:50

April 4 (Reuters) - Addtech AB  ADDTb.ST :
    * ADDTECH ACQUIRES IMPULSERADAR SWEDEN AB
    * ADDTECH INDUSTRIAL SOLUTIONS, A BUSINESS AREA IN ADDTECH
GROUP,
HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE 88 PERCENT OF SHARES
OUTSTANDING IN IMPULSERADAR SWEDEN AB ("IMPULSE").
    * CLOSING TAKES PLACE TODAY
    * ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE
IMPACT ON
ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR
    * IMPULSE HAS 27 EMPLOYEES AND A TURNOVER OF APPROXIMATELY
SEK 80
MILLION.

Source text for Eikon:  ID:nWkr6mtNw9 
Further company coverage:  ADDTb.ST 

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