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Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Wright Reports

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Solar A/S Sells Aurora Group Danmark A/S to Deltaco AB

Tuesday, 2 Apr 2013 02:00am EDT 

Solar A/S announced that the Company has entered into an agreement with Deltaco AB on the disposal of 100% of the shares of Aurora Group Danmark A/S. Deltaco is a Nordic distributor and supplier of IT products. Through the disposal the Solar group intends to focus on its core business area, which is wholesaling of electrical, heating and plumbing, and ventilation products. Aurora Group Danmark A/S is a distributor of accessories for consumer electronics and operates in Denmark, Sweden, Norway and Finland. Final completion of the disposal is subject to the usual conditions, including approval by relevant authorities. Clarification is expected by the end of April 2013. Financial details were not disclosed. 

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