ALCADON ACQUIRES IRISH WOOD COMMUNICATIONS

Alcadon has entered into an agreement to acquire the Irish company Wood Communications. Alcadon has also completed a directed new share issue to existing and new investors through an accelerated bookbuilding procedure.

Alcadon is a renowned European premium partner active in selected business areas related to digitalization. Wood Communications, founded in 1924, is one of Ireland’s leading distributors of products and complete systems for network infrastructure for the data communications, data center, telecoms, and security industry.

Alcadon was advised by KANTER in the transaction and the share issue.