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Armour Group PLC's Armour Nordic AB Acquires Business And Assets Of 12 Volt Sverige AB

Wednesday, 30 Oct 2013 03:00am EDT 

Armour Group PLC's Armour Nordic AB announced that it has acquired the business and assets of 12 Volt Sverige AB (12 Volt) for a consideration of approximately GBP250,000. 12 Volt, which has been trading for over 30 years, is a supplier to the Swedish automotive aftermarket. It holds the exclusive distribution rights in the aftermarket in Sweden for the Alpine Electronics Inc. (Alpine) range of in-car entertainment solutions. Armour, as part of the acquisition, has signed a new two and a half year exclusive distribution agreement with Alpine covering its range of in-car entertainment solutions for the Swedish automotive aftermarket. 

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