Business Services Industry

Vacon Plc signs distributor agreement in Brazil

Nordic Business Report, Sept 25, 2008

NORDIC BUSINESS REPORT-25 September 2008-Vacon Plc signs distributor agreement in Brazil(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish frequency converters manufacturer Vacon Plc (OMX Helsinki:VAC) said on Thursday (25 September) that it has signed a distributor agreement with Elo Servicos Industria e Comercio de Equipamentos Eletroeletronicos Ltda (ELO), one of the largest AC drives distributors in Brazil.

ELO will sell and market Vacon AC drives in its entire power range from 0.25 kW to 5 MW, the company said.

ELO supplies products to a wide scope of industries ranging from sugar & alcohol to petrochemical.

Vacon Group is headquartered in Vaasa, Finland. The company's revenues in 2007 totalled EUR232.2m.

One British pound (GBP) is worth approximately 1.26 euros (EUR).

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