Monday, 20 February, 2023
The board of OEM International AB has decided to raise the group’s financial target for the EBITA margin to at least 12 percent (previously 10 percent) per year over a business cycle.
Friday, 4 March, 2022
Friday, 14 January, 2022
The acquisition of Demesne Electrical in Ireland is not expected to affect the price on the shares, which was incorrectly written in the earlier press release. OEM International has today acquired Demesne Electrical in Ireland. Demesne is Ireland’s leading independent importer and distributor of electrical control, switchgear, energy saving & installation products. The company has a total revenue of € 20 million with operating profit of € 2,5 million. The head office is located in Dublin with branch offices in Cork in the south of Ireland and Dungannon in Northern Ireland. The company has a strong product portfolio based on long partnerships with many of Europe’s leading manufacturers.
Thursday, 13 January, 2022
OEM International has today acquired Demesne Electrical in Ireland. Demesne is Ireland’s leading independent importer and distributor of electrical control, switchgear, energy saving & installation products. The company has a total revenue of € 20 million with operating profit of € 2,5 million. The head office is located in Dublin with branch offices in Cork in the south of Ireland and Dungannon in Northern Ireland. The company has a strong product portfolio based on long partnerships with many of Europe’s leading manufacturers.
Monday, 6 April, 2020
Friday, 31 January, 2020
OEM International has today acquired Zoedale Ltd in UK, which has annual sales of GBP 3 million. The division represents among others ASCO, Valpes, Omal, Bernard Controls and Peter Paul who manufacture valves and actuators for various process and industrial applications.
Tuesday, 3 December, 2019
OEM International has signed an agreement to acquire the pump division in Finisterra AS in Norway, which has annual sales of SEK 12 million. The division represents Hermetic, Flux and Almatec, that manufacture pumps for chemistry and industrial use.
Monday, 21 October, 2019
Tuesday, 10 September, 2019
OEM International has signed an agreement to acquire the business of Cabavo AB. The company, with head office in Swedish Täby, markets electrical motors, servo actuators and drive electronics for industrial applications and has a yearly turnover of approximately 8 MSEK.
Monday, 22 October, 2018
Monday, 17 September, 2018
OEM International has today signed an agreement to acquire all shares in ATB Drivtech AB. The company, with head office in Swedish Ekerö, markets electric industrial motors, and has a yearly turnover of approximately 18 MSEK.
Tuesday, 17 October, 2017