Beijer Electronics refines operations in Norway

2010-07-01

Beijer Electronics refines operations in Norway by selling its minority share in the Norwegian agency company Autic System AS. The shares in Autic System AS were included in the purchase of their Swedish sister company Autic System AB, acquired by Beijer Electronics in 2002. The Swedish operations are fully integrated in the Automation business area.

"We are focusing our resources on expanding the business of our wholly owned subsidiary in Norway, Beijer Electronics AS", says Beijer Electronics' CEO, Fredrik Jönsson.

Beijer Electronics' share in the Norwegian agency company was bought by the three founders of Autic System AS.


For more information, please contact
President and CEO, Fredrik Jönsson,
tel +46 (0)40 35 86 10, mobile +46 (0)705 17 16 26

Corporate Communications, Katarina Erichs Emilson,
tel +46 (0)40 35 84 96, mobile +46 (0)703 35 84 96


Beijer Electronics is a fast growing technology company with extensive experience of industrial automation and robust data communication, developing and marketing competitive products and solutions with focus on the user. Since its start-up in 1981, Beijer Electronics has evolved into a multinational group with subsidiaries in 14 countries some 500 employees and sales of 1.1 bn SEK 2009. The company is listed on the Nasdaq OMX Nordic Exchange Stockholm’s Small Cap list under the ticker BELE. www.beijerelectronics.se

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