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Hitt og þetta 15. ágúst 2006

Atle Industri sells Pressmaster to Albin Invest

Nordic Business Report-August 15, 2006-Atle Industri sells Pressmaster to Albin Invest
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Swedish business developer Atle Industri said on Tuesday (15 August) that it has agreed to sell its wholly-owned company Pressmaster to the privately-owned investment company Albin Invest.

The SEK45m deal will result in a gain of SEK21m to Atle Industri.

Pressmaster develops professional crimping and cable termination tools. The company reported a turnover of SEK79m in 2005.

Atle Industri is jointly owned by the private equity investors Ratos and 3i.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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