Addtech Electrification, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Nanosystec GmbH (”Nanosystec”).
Nanosystec develops, produces and sells production equipment primarily for manufacture of opto-electronics and precision mechanics to customers in the data communications, medical technology and semiconductor industries. The company has 20 employees and a turnover of approximately EUR 7.8 million and is headquartered outside Frankfurt, Germany.
Nanosystec complements and strengthens Addtech’s existing operations within the business unit Connectivity Solutions.
The closing will take place today. The acquisition is expected to have a marginally positive impact on Addtech’s earnings per share during the current financial year.
Stockholm, November 5, 2024
Addtech AB (publ)
For further information, please contact
Niklas Stenberg, President of Addtech AB, +46 470 49 00
Per Lundblad, Business Area Manager, Electrification, +46 70 795 66 02
Addtech is a technical solutions group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 4,000 employees in more than 150 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 20 billion. Addtech is listed on Nasdaq Stockholm.
The information was submitted for publication, through the agency of the contact persons set out above, on November 5 2024, at 2.45 p.m (CET).
