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ALCADON GROUP ACQUIRES A-ANTENNAS

Alcadon Group has acquired all shares in A-Antennas AB, a leading Swedish company within the design and development of antennas for wireless data transmission in outdoor environments. The acquisition was completed with immediate effect.

A-Antennas AB was founded in 2011 and is based in Arboga, Sweden. The company has five employees, sells products and solutions to several European countries and has revenues of approximately SEK 50 million with good profitability.

Alcadon Group is a Swedish listed group founded in 1988 that acquires, owns and develops leading companies and brands within network infrastructure and data communications. With approximately 180 employees and revenues of approximately SEK 1,400 million, the Group operates through independent subsidiaries in seven European countries.

KANTER advised Alcadon Group on the transaction.