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Scanfil Oyj M&A Activity 2019

Jun 17, 2019

3290_rns_2019-06-17_64bdedf9-efaf-444a-9a5c-f80e9069363b.html

M&A Activity

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Disclosure 372850

Scanfil Oyj - Other information disclosed according to the rules of the Exchange

Acquisition of HASEC-Elektronik GmbH is completed

SCANFIL PLC STOCK EXCHANGE RELEASE 17 JUNE 2019 AT 7.15 PM

Acquisition of HASEC-Elektronik GmbH is completed

On 22 May 2019, Scanfil announced that it will acquire all shares in HASEC-Elektronik GmbH, a German contract manufacturer. The conditions mentioned in the aforementioned announcement have been fulfilled, and the transaction has received the applicable competition authority’s approval. The transaction became legally valid today on 17 June 2019.

The acquired business operations will be included in Scanfil’s consolidated financial statements starting from 17 June 2019.

SCANFIL PLC

Petteri Jokitalo

CEO

Additional information:

CEO Petteri Jokitalo

Tel +358 8 4882 111

Distribution

NASDAQ OMX, Helsinki

Major Media

www.scanfil.com

Scanfil is an international contract manufacturer and system supplier for the electronics industry with 40 years of experience in demanding contract manufacturing. Scanfil provides its customers with an extensive array of services, ranging from product design to product manufacturing, material procurement and logistics solutions. Vertically integrated production and a comprehensive supply chain are the foundation of Scanfil’s competitive advantages: speed, flexibility and reliability.

Typical Scanfil products include mobile and communications network devices, automation system modules, frequency converters, lift control systems, analysers, various slot and vending machines, and devices related to medical technology and meteorology. Scanfil services are used by numerous international automation, energy, IT and health service providers, as well as companies operating in the field of urbanisation. Scanfil’s network of factories consists of 11 production units in Europe, Asia and North America. The total number of employees is about 3,700.