Lund, 2016-04-15 13:00 CEST (GLOBE NEWSWIRE) --
Doro has today, April 15, completed the closing of the previously announced acquisition of the Norwegian Trygghetssentralen. The acquisition has been financed by existing cash and bank loans.
As announced on February 18, Doro Care AB has agreed with SOS International to acquire Trygghetssentralen. The deal was closed today, April 15. Trygghetssentralen will be consolidated in Doro Care’s accounts from May 1.
The acquisition will enable increased efficiency in Doro Care’s existing business in Norway. It will also offer potential synergies of scale and product supply.
Trygghetssentralen’s current management team is staying.
For more information, please contact:
President and CEO Jérôme Arnaud, +46 (0)46 280 50 05
CFO Magnus Eriksson, +46 (0)46 280 50 06
About Doro
Doro develops telecom products and services for Seniors to lead full and rich lives: to do things they want to do more easily as well as the things they thought they might never do. The global market-leader in senior mobile phone, Doro offers easy-to-use mobile phones and smartphones, mobile applications, fixed line telephony with loud and clear sound. Within Doro Group, Doro Care offers social care and telecare solutions for elder and disabled persons for independent and safe living in their own homes. Doro AB is a Swedish public company and its shares are quoted on the Nasdaq OMX Stockholm exchange, Nordic List, Small Companies. Net sales of SEK 1,838 million (EUR 200 million) were reported for 2015. www.doro.com
This is information that Doro AB (publ) is required to publish in accordance with the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. This information was submitted for publication on 15 April, 2016 at 13:00 CET.
