OEM International acquires business of Cabavo AB
- Cabavo's range is a good complement to our existing product portfolio within motor area. The operations will be integrated with OEM Motor AB, which means that synergies can be realised, and our customer offer is strengthened, says Jörgen Zahlin, Managing Director and CEO for OEM International.
The acquisition is expected to have a marginal impact on OEM's profit for the current year.
The information was made public on 10 September 2019 at 19:00 CET.
Tranås, 10th September 2019
OEM International AB (publ)