Key Developments: Addtech AB (ADDTb.ST)

ADDTb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Addtech AB extends contract with DGC
Wednesday, 22 Oct 2014 02:30am EDT 

Addtech AB:Says extends contract with DGC concerning delivery of data services.Says new contract runs for three years and is estimated to be worth about 3.5 million Swedish crowns.  Full Article

Addtech AB acquires Tampereen Sähköpalvelu Oy
Friday, 4 Jul 2014 03:30am EDT 

Addtech AB:Signed an agreement to acquire all shares in Tampereen Sähköpalvelu Oy (TSP Oy).TSP is technology trading company that markets and sells components for electrical installations to OEM customers mainly on the Finnish market.Product range include cabling, connectors and cable glands.Closing is estimated to take place in the beginning of July 2014.Says acquisition is estimated to have a marginally positive effect on Addtech's earnings per share during the current financial year.  Full Article

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.  Full Article

Addtech proposes FY 2013/2014 dividend of SEK 3 per share
Wednesday, 14 May 2014 05:45am EDT 

Addtech AB:Proposes a dividend of 3.00 Swedish crowns per share for FY 2013/2014.  Full Article

Addtech AB acquires Solar Supply Sweden AB
Monday, 5 May 2014 06:30am EDT 

Addtech AB:Signs agreement to acquire all shares in Solar Supply Sweden AB.Solar Supply is a technology trading company that markets and installs solar cell systems with matching components on the Swedish market.Company will complement Addtech's current operations in business unit Energy Storage.Closing will take place on May 05 and acquisition is estimated.  Full Article

Addtech acquires GigaCom AB and GigaCom AS
Tuesday, 18 Mar 2014 10:05am EDT 

Addtech AB:Acquires all shares outstanding in GigaCom AB and GigaCom AS.Estimates closing to take place in the beginning of April.The acquisition is carried out by Addtech business area, Addtech Components.The GigaCom companies provide fiber optic components and systems on the Swedish and the Norwegian market.Financial details not disclosed.  Full Article

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.  Full Article

Addtech AB Acquires Sittab AB
Thursday, 12 Sep 2013 08:45am EDT 

Addtech AB announced that Addtech Industrial Solutions, a business area in the Company, has signed an agreement to acquire all shares outstanding in Sittab AB. Sittab is a company that delivers ergonomic solutions to driver seats mainly to construction equipment and buses. The product range includes arm- and headrest, turntables and joystick boxes which contributes to efficient and improved operator comfort. The company has an established distributor network and has own operations in Sweden, the United States and China. The closing is estimated to take place in the beginning of October 2013. Financial details were not disclosed.  Full Article

Addtech AB Updates On FY 2012 Dividend-DJ
Wednesday, 28 Aug 2013 01:00pm EDT 

Dow Jones reported that Addtech AB declared a dividend of SEK 8.00 per share. Record date for the dividend was confirmed to be September 2, 2013. The dividend is expected to be remitted by Euroclear Sweden AB September 5, 2013.  Full Article

Addtech AB Proposes FY 2012 Dividend of SEK 8.00 per Share
Tuesday, 14 May 2013 06:16am EDT 

Addtech AB announced that the Board of Directors of the Company proposes to pay a dividend of SEK 8.00 per share for the fiscal year 2012/2013. For the fiscal year 2011/2012 the Company also paid a dividend of SEK 8 per share.  Full Article

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