Rejlers completes acquisition of 49 percent of Nettkonsult
(REJL B)
Rejlers has now completed the first step in the acquisition of Nettkonsult from
Agder Energi. Initially, Rejlers has acquired 49 percent of the shares and the
remaining 51 percent of the shares will be acquired by the first half of 2014 at
the latest.
Nettkonsult has a leading position in respect of consultancy services to the
electricity market in Norway. The company has approximately 100 employees and
had a turnover of NOK 100 million in 2010. The company's core business is
advising customers in power distribution, energy and electrical safety.
Nettkonsult is headquartered in Kristiansand and has 7 additional offices in
Norway.
For further information:
Peter Rejler, President and CEO, +46 70 602 34 24
Lars Solin, CFO, +46 73 386 15 20
www.rejlers.com
Rejlers is a Nordic expertise group within electro-technology, energy,
mechanics, automation, electronics, IT and telecommunications. Rejlers' shares
are listed on the NASDAQ OMX Stock Exchange.
Rejlers discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 09.00 on 13 September 2011.
Press release (pdf):
http://hugin.info/131990/R/1545771/474059.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Rejlers via Thomson Reuters ONE
[HUG#1545771]
