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Addtech AB acquires Hans Folsgaard A/S

Tuesday, 17 Jun 2014 09:30am EDT 

Addtech AB:Signs agreement to acquire 90 pct of the shares outstanding in Hans Folsgaard A/S.Hans Folsgaard delivers components and systems to OEM customers and end users within manufacturing industry and also products within infrastructure and power transmission to electric power producers and wind power manufacturers.In FY 2013 it had net sales of around 300 million Danish crowns, operating profit of around 20 million Danish crowns.Closing is estimated to take place in beginning of July. 

Company Quote

27 Nov 2015