Addtech acquires Romani Components Srl

Addtech Automation, a business area in the Addtech Group, has today signed an agreement to acquire 80 % of the shares outstanding in Romani Components Srl (”Romani”).

Romani provides linear- and transmission products to machine builders for the automation industry. The offering includes guideways as well as ball screws and precision gears. Romani has 23 employees and a turnover of approximately EUR 11 million and is headquartered in Milan, Italy.

Romani will become part of and complement our operations within the Motion & Drives business unit and strengthen our position in the European market.

The closing takes place today. The acquisition is expected to have a marginally positive impact on Addtech's earnings per share during the current financial year.

Stockholm, July 9, 2024

Addtech AB (publ)

For further information, please contact
Niklas Stenberg, President of Addtech AB, +46 470 49 00
Michael Ullskog, Business Area Manager, Automation, +46 706 03 75 74

Addtech is a technical solutions group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 4,000 employees in more than 150 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 20 billion. Addtech is listed on Nasdaq Stockholm.

The information was submitted for publication, through the agency of the contact persons set out above, at 9 July 2024, at 1.00 p.m (CEST).