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2014-03-18

Addtech: Addtech acquires GigaCom AB and GigaCom AS

Addtech Components, a business area in the Addtech Group, has today
signed an agreement to acquire all shares outstanding in GigaCom AB
and GigaCom AS.

The GigaCom companies are technology trading companies providing fiber
optic components and systems on the Swedish and the Norwegian market.
The companies range of products are based on established suppliers
supplemented with own developed products.

The GigaCom companies will very effectively complement Addtech's
current fiber optic operations in the business unit MI Group. The
companies has six employees and sales of around SEK 30 million.

The closing is estimated to take place in the beginning of April 2014.
The acquisition is estimated to have a marginally positive effect on
Addtech's earnings per share during the coming financial year.

Stockholm, March 18, 2014

Addtech AB (publ)

For further information, contact:

Johan Sjö, President, Addtech AB, +46 8 470 49 00
Anders Claeson, Business area manager, Addtech Components, +46 708 641
516

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http://news.cision.com/addtech/r/addtech-acquires-gigacom-ab-and-gigacom...
http://mb.cision.com/Main/3619/9552456/221753.pdf

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