Addtech acquires R&K gruppen

Bevinggruppen AB, a unit within the Addtech Group, has concluded an
agreement to acquire R&K gruppen in Täby. R&K gruppen consists of three
operating companies with aggregate revenues of MSEK 100.

R&K's business concept value-adding technology trade between the Far
East and the Nordic Region. Products are comprised of customer-specific
components and systems developed in cooperation with customer and
supplier.

R&K gruppen was started in 1986 and the founders, who will remain in the
organization, have worked with the Far East since the mid-1960s. Strong
and long-term relationships have been created, which are key to success
in business with Japan and China.

With this acquisition, Addtech strengthens its leading position in
technology trade in the Nordic Region.

Solna, September 26, 2002

Addtech AB (publ)

For further information, contact:
Hans O Roos, President, R&K gruppen AB, + 46 8 544 40 560
Erwin Theimer, President, Bevinggruppen AB, + 46 8 729 17 00
Johnny Öhman, Executive Vice President, Addtech AB, + 46 8 470 49 00

Addtech

Addtech offers high-tech solutions based on industrial components and systems. Operations have a distinctive niche orientation, with leading positions in several product areas.

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  CONTACT  
  • Kennet Göransson
  • CFO and vice President
  • 08-470 49 10
  •  

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