M&A Deal Summary

Addnode Group Acquires Strand Interconnect AB

On October 17, 2008, Addnode Group acquired information technology company Strand Interconnect AB for 40M SEK

Acquisition Highlights
  • This is Addnode Group’s 12th transaction in the Information Technology sector.
  • This is Addnode Group’s 3rd largest (disclosed) transaction.
  • This is Addnode Group’s 16th transaction in Sweden.

M&A Deal Summary

Date 2008-10-17
Target Strand Interconnect AB
Sector Information Technology
Buyer(s) Addnode Group
Deal Type Add-on Acquisition
Deal Value 40M SEK

Target

Strand Interconnect AB

Stockholm, Sweden
Strand Interconnect AB is a provider of content management IT services in sweden.

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Buyer(S) 1

Buyer

Addnode Group

Stockholm, Sweden

Category Company
Founded 1987
Sector Engineering
Employees2,710
Revenue 7.8B SEK (2024)
DESCRIPTION

Addnode Group provides design, engineering, and product lifecycle management solutions primarily in the Nordic Region. Addnode Group was founded in 1987 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 18 of 48
Sector: Information Technology M&A 12 of 24
Type: Add-on Acquisition M&A Deals 18 of 46
Country: Sweden M&A 16 of 35
Year: 2008 M&A 3 of 3
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-15 IT Energy AS

Sweden

IT Energy AS is an excellence center for design, drawing, 3D modeling and visualization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-06 Evitbe AB

Vastra Frolunda, Sweden

Evitbe AB is an IT system for customer communications and event administration. The system enables users to communicate interactively through six communcation channels - the Internet, e-mail, SMS, MMS, telephony and Print Direct.

Buy -