Addtech acquires Solar Supply Sweden AB

STOCKHOLM--()--Regulatory News:

Addtech Energy (STO:ADDTB), a business area in the Addtech Group, has today signed an agreement to acquire all shares in Solar Supply Sweden AB.

Solar Supply is a technology trading company that markets and installs solar cell systems with matching components on the Swedish market. The company’s operations are based on customised plants with components from established suppliers.

The company will complement Addtech’s current operations in the business unit Energy Storage. Solar Supply has three employees and sales of around SEK 15 million.

The closing will take place today and the acquisition is estimated to have a marginally positive effect on Addtech’s earnings per share during the current financial year.

Stockholm, May 5, 2014

Addtech AB (publ)

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Contacts

Addtech AB
Johan Sjö, +46 8 470 49 00
President
Addtech Energy
Åke Darfeldt, +46 708 870 515
Business area manager

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Contacts

Addtech AB
Johan Sjö, +46 8 470 49 00
President
Addtech Energy
Åke Darfeldt, +46 708 870 515
Business area manager