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Press release

Press release

ÅF-Rateko sells its machining operations to EWS Teknik AB

For ÅF-Rateko, this sale is a step in focusing more closely on the
core business - that is, consulting in the field of production
equipment and designing and building special customer-adapted machines
for Swedish industry based on ÅF-Rateko's special competence in
production technology, electrical and mechanical engineering, and
computer-based control systems.

With this acquisition, EWS Teknik AB will strengthen and further
develop its manufacturing capacity. With almost 20 employees, it will
be the largest company in the Stockholm region for the manufacture of
prototypes, as well as components for machines and tools. There are
also long-range plans to further develop and produce the RAKO clamp,
which today is marketed throughout Europe and North America.

This arrangement brings the two partners into closer co-operation.
ÅF-Rateko intends to employ EWS Teknik as its main supplier for

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