OEM International

M&A Activity • Sep 17, 2018

Press release 2018-09-17

OEM International acquires ATB Drivtech AB

OEM International has today signed an agreement to acquire all shares in ATB Drivtech AB. The company, with head office in Swedish Ekerö, markets electric industrial motors, and has a yearly turnover of approximately 18 MSEK.

• ATB Drivtech's range of motors is a good complement to our existing product portfolio of smaller electric motors. The operations will be integrated with OEM Motor AB, which means that synergies can be realised and our customer offer is strengthened, 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.

The information was made public on 17 September 2018 at 12:30 CET.

Tranås, 17th September 2018

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.

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