Reference is made to Atea ASA's stock exchange notice on March 15, 2022
regarding an agreement for Atea Denmark to acquire KMDs hardware and
infrastructure software business. On November 30, the Danish Competition and
Consumer Authority approved Atea Denmark's acquisition of the business.
With the authority's approval of the acquisition, the process of closing the
agreement can now commence. "It is great news that the Danish Competition and
Consumer Authority has approved our agreement to acquire KMD's hardware- and
software business. We have been anticipating the approval for some time, and we
are more than ready to take the final steps towards closing," says Atea CEO
Steinar Sønsteby.
The acquisition is expected to close in December 2022.
For additional information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Kathrine Forsberg, Managing Director, Atea Denmark, mobile (+45) 3078 0509
About Atea
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic
regions. Atea is present in 85 cities with nearly 8,000 employees in Norway,
Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers hardware
and software from leading global vendors, and provides consulting and technical
services to support its customers with the design, implementation and operation
of their IT environments. Atea had gross sales of approximately NOK 41 billion
(EUR 4.1 billion) in 2021 and is listed on Oslo Stock Exchange. www.atea.com