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Aspocomp Group Oyj — M&A Activity 2012
Jan 2, 2012
3301_tar_2012-01-02_4157a4f3-1c32-4297-95a1-0d60a9077905.html
M&A Activity
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Disclosure 296263
Aspocomp Group - Tender offer
ASPOCOMP HAS COMPLETED THE PURCHASE OF THE BUSINESS OPERATIONS OF CIBO-PRINT OY'S FACTORY IN TEUVA
Espoo, Finland, 2012-01-02 08:30 CET (GLOBE NEWSWIRE) -- Aspocomp Group Plc, Company Announcement, January 2, 2012 at 09:30 a.m. An Aspocomp Group company Aspocomp Oulu Oy and Cibo-Print Oy have today completed the transaction in which Aspocomp Oulu Oy purchased the business operations of a factory located in Teuva including the PCB trading operations of Cibo-Print Oy. The final purchase price payable for the business operations comprised of 144,000 shares in Aspocomp Group Plc and a cash consideration of approximately 207,000 euros. The entering into the Business Purchase Agreement regarding the acquisition of the business operations of Cibo-Print Oy's factory in Teuva and the main terms thereof have been announced by Aspocomp through a stock exchange release on 19 December 2011. For further information, please contact Sami Holopainen, CEO, tel. +358 9 59 181, sami.holopainen(at)aspocomp.com. ASPOCOMP GROUP PLC Sami Holopainen CEO www.aspocomp.com Aspocomp: Flexibility of product design Aspocomp Group Plc provides services for the design and manufacture of high-tech PCBs. Aspocomp's products are used in the electronics industry, for instance, in telecommunications networks, automobiles and many type of industrial applications.