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Addtech AB's Addtech Components Acquires Valnor AS


Monday, 4 Nov 2013 02:30pm EST 

Addtech AB announced that Addtech Components, a business area in the Addtech Group, has signed an agreement to acquire all shares outstanding in Valnor AS. Valnor is a technology trading company, providing valves and accessories for instrumentation and piping systems. The company has twelve employees and sales of around NOK 50 million. The closing is estimated to take place in the beginning of December 2013 after approval is obtained from the appropriate authorities. Financial details were not disclosed. 

Company Quote

104.25
2.0 +1.96%
19 Dec 2014