Business News

Addtech acquires Inline Dreamteam

Thursday 03. January 2008 - Addtech Transmission, a business area in Addtech AB, has today via its subsidiary, Aratron AB, signed an agreement to acquire all trading operations in Inline Dreamteam AB.

Inline Dreamteam sells linear actuators and control equipment in applications for comfort, rehab and ergonomic products. In Sweden Inline Dreamteam represents leading suppliers in this product area and the business has an annual revenue of MSEK 25.

The acquired business constitutes an excellent complement to the business conducted by Aratron.

The acquisition is estimated to have a marginally positive effect on Addtech’s earnings per share during the current financial year. The closing is expected to take place on 31 December 2007.