Addtech Group acquires Alligator

12/3/2001 3:20 AM EST

Adiator AB, part of business area Addtech Component Systems, has
concluded an agreement to acquire the business in Alligator
International Trading AB for the purpose of increasing the Group's
growth in the automotive segment.

Alligator is today primarily active in the areas of automotive climate
control and electronics cooling. Among the larger customers are Volvo,
Saab, Scania, Siemens and Ericsson. Net revenues amount to about MSEK
30. In addition hereto, the company has commission sales of about MSEK
300.

This acquisition strengthens Addtech's present business in the
automotive segment. Addtech's position as a strong automotive partner
with niche competence is expected to offer opportunities of expanding
the business concept in Europe.

Going forward, the business will be conducted in Stockholm and
Sölvesborg. President and responsible for the initiative will be Tommy
Haglund.

Solna, December 3, 2001

Addtech AB (publ)

For further information, contact:
Anders Dafnäs, President, Addtech Component Systems AB, +46 8 729 17 27
Tommy Haglund, President, Adiator AB, +46 8 729 17 01
Lars-Olof Strand, Chairman, Alligator AB, +46 456 150 40
Nils-Gunnar Persson, President, Alligator AB, +46 456 150 40