ÅF finalises acquisition of Ingemansson Technology AB
The ÅF Group has signed an agreement to acquire 100% of the shares in Ingemansson Technology AB (Ingemansson). ÅF is purchasing the shares from Lindeblad Technology.
The purchase price totals approximately SEK 53 million. Half of this settlement is in the form of a new issue of ÅF series "B" shares.
Ingemansson's operations will be consolidated in the ÅF Group with effect from 1 February 2006.
For further details relating to the acquisition, please refer to the press release issued by the ÅF Group on 19 January 2006.
The ÅF Group is a leading name in technical consulting. We offer highly qualified services and solutions for process industries, infrastructure projects and the development of products and IT systems. We also carry out certified third-party testing and inspection work.
Our proven proficiency in engineering is founded on the in-depth specialist knowledge of many branches of industry that we have built up over more than one hundred years. Today the ÅF Group comprises almost 2,700 employees based in some 50 locations in Sweden and in almost a dozen other European countries.