Business Services Industry

AB Angpanneforeningen acquires IT consulting company Combra AB

Nordic Business Report, June 21, 2006

NORDIC BUSINESS REPORT-21 June 2006-AB Angpanneforeningen acquires IT consulting company Combra AB(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish consulting group AB Angpanneforeningen (AF Group) said on Wednesday (21 June) that it has acquired IT consulting company Combra AB.

The purchase consideration amounts to SEK30m, half of which will be paid in new shares of AF Group.

Combra, with operations in Stockholm, Uppsala and Lund, specialises in embedded systems within telecommunications and medical and other high-tech industries. The company has some 60 employees.

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

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2006 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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