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2016-11-07

OEM: OEM International acquires RF Partner AB with subsidiary Ranatec Instrument AB

OEM International has today signed an agreement to acquire all shares
in RF Partner AB with subsidiary Ranatec Instrument AB. The
companies, with head office in Swedish Mölndal, develop and market
components for radio applications, systems for radar surveillance and
test systems for antennas. The companies have a yearly turnover of
approximately 18 MSEK.

- RF Partner AB with subsidiary Ranatec Instrument AB are well-managed
companies with products and solutions that is a supplement to the
product portfolio within the current OEM subsidiary Flexitron AB. RF
Partner AB will gradually deepen cooperation with Flexitron AB to use
synergies and develop the customer offer, says Jörgen Zahlin,
Managing Director and CEO for OEM International.

The acquisition is expected to have a marginal impact on OEM's profit
for the current year.

This information is of the type that the company is obliged to publish
in accordance with the Swedish Securities Market Act. The information
was made public on 7th November 2016 at 15.30 CET.

Tranås, 7th November 2016

OEM International AB (publ)

For further information, please contact: Jörgen Zahlin, managing
director and CEO for OEM International, phone number +46(75)-242 40
22.

OEM International, with its head office in Tranås, Sweden, comprises
34 operational units in 14 countries. The group trades in industrial
components and systems for industrial automation. In simple terms,
OEM acts as an alternative for manufacturers to selling through their
own companies. Visit our website - www.oem.se

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http://news.cision.com/oem/r/oem-international-acquires-rf-partner-ab-wi...
http://mb.cision.com/Main/1937/2117391/586129.pdf

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