Addtech acquires Poryan China Company Ltd


Addtech Power Solutions, a business area in the Addtech Group, has today signed
an agreement to acquire 75 % of the shares outstanding in Poryan China Company
Ltd.

Poryan China Company Ltd provide component solutions and subsystems in circuit
protection primarily to the train and signaling market in China. Poryan has own
establishments in Hongkong and Shanghai. Poryan has 22 employees and sales of
around SEK 50 million.

Poryan will very effectively complement Addtech's current operations in the
business unit Storage & Power. One of the existing companies in the business
unit, Emcomp International AB, has very similar business activities in Europe
and Asia. Both companies represents the same global leading supplier within
circuit protection.

The closing is estimated to take effect in the beginning of April 2016. Derreck
Lau, Managing Director of Poryan and one of the existing owners, will until
further notice own the remaining 25% of the shares. The acquisition is estimated
to have a marginally positive effect on Addtech’s earnings per share during the
coming financial year.

Stockholm, March 15, 2016

Addtech AB (publ)

For further information, contact
Johan Sjö, MD, Addtech AB, +46 8 470 49 00
Niklas Stenberg, Business Area Manager, Addtech Power Solutions, +46 702 679 499

Attachments

03113750.pdf