Addtech Acquires CTM Lyng

Regulatory News:

Today, Addtech Energy, a business area in the Addtech Group (STO:ADDTB), signed an agreement to acquire all the shares in CTM Lyng AS.

CTM Lyng is a well-established manufacturer and supplier of products for improving energy efficiency, as well as lighting and heating control products ("the smart house”) for the construction and installation market in Norway.

The company has a significant product development operation of its own. Well-established and familiar brands include Microsafe, Centrol, Mkomfy and Vern. CTM Lyng complements Addtech’s operations in the Energy Products business unit. CTM Lyng has approximately 55 employees and annual sales of approximately NOK 130 million.

The acquisition is expected to take effect by 1 September 2015 and to have a marginally positive effect on Addtech’s earnings per share during the current financial year.

Stockholm, 10 July, 2015

Addtech AB (publ)

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