Brief: Sdiptech acquires Hydrostandard Mätteknik

Sdiptech AB (publ)

01/04/2016 08:02

April 1 (Reuters) - Serendipity Innovations publ AB (Sdiptech)  SDIPpref.ST  
    * Intends to acquire all shares in Hydrostandard Mätteknik Nordic AB 
    * Acquisition is expected to be concluded as of April 4 
    * Says in 2014/15 Hydrostandard Mätteknik reported net sales of about 56 million Swedish 
crowns ($6.89 million) 
    * Says including acquisition, Sdiptech's total revenue on annual basis is about 570 million 
Swedish crowns and operating profit on annual basis is about 50 million crowns  
 
Source text for Eikon:  ID:nHUGc39k8Z  
Further company coverage:  SDIPpref.ST  
 
($1 = 8.1282 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))