Insinööritoimisto Comatec Oy purchases design business of edec Oy

Insinööritoimisto Comatec Oy has purchased in a business acquisition the design business of edec Oy in an agreement signed on 27 November 2015.

edec Oy’s employees at its Helsinki and Kouvola units are transferring on 1 December 2015 to the service of Insinööritoimisto Comatec Oy.

This transaction strengthens Comatec Group’s knowhow especially in electrical design for the marine industry. It is a major element in the development of Comatec Group in line with its strategy. Comatec Group’s market share in electrical design for the marine industry will increase and the Group will be able to offer its clients larger service packages.

The acquired business will be part of the Electromechanical Systems and Components business unit in the Industrial Production Systems segment.

Further information:

Aulis Asikainen, President and CEO, Comatec Group, tel: +358 (0)400 504 021

Mikko Ala-Jääski, Managing Director, edec Oy, tel: +358 (0)20 765 9425