Brief: OEM International Acquires Finisterra's Pump Division

OEM International AB

03/12/2019 13:06

Dec 3 (Reuters) - OEM International AB  OEMb.ST :
    * OEM INTERNATIONAL ACQUIRES PUMP DIVISION OF FINISTERRA AS
    * ACQUISITION IS EXPECTED TO HAVE A MARGINAL IMPACT ON OEM'S
PROFIT FOR CURRENT YEAR.
    * DIVISION REPRESENTS HERMETIC, FLUX AND ALMATEC, THAT
MANUFACTURE
PUMPS FOR CHEMISTRY AND INDUSTRIAL USE.
    * TO ACQUIRE PUMP DIVISION IN FINISTERRA AS IN NORWAY, WHICH
HAS
ANNUAL SALES OF SEK 12 MILLION
    * DIVISION WILL BE INTEGRATED INTO OEM AUTOMATIC AS, WHICH
BROADENS OUR PRODUCT RANGE AND STRENGTHEN OFFER TO OUR CUSTOMERS
ON NORWEGIAN MARKET - CEO

Source text for Eikon:  ID:nWkr1Tqf5Q 
Further company coverage:  OEMb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))