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Regulatory press release

OEM International acquires Zoedale Ltd in UK

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OEM International has today acquired Zoedale Ltd in UK, which has annual sales of GBP 3 million. The division represents among others ASCO, Valpes, Omal, Bernard Controls and Peter Paul who manufacture valves and actuators for various process and industrial applications.

- This broadens the product range and strengthens the offer to customers on the UK market. We see positive synergy effects with the existing UK operation so this was seen as a natural development comments Jörgen Zahlin, President and CEO of OEM International.

The acquisition is expected to have a marginal impact on OEM's profit for the current year.

The information was made public on 31st January 2020 at 15:00 CET. 

Tranås, 31st January 2020

OEM International AB (publ) 

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