Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Press release

Nolato acquires UK-based EMC shielding technology company

Nolato

Nolato is acquiring UK-based P&P Technology. The company, which has annual sales equivalent to approximately SEK 25 million with good profitability, provides component- and materials-based electronics shielding solutions for electromagnetic compatibility (EMC). The acquisition provides Nolato with complementary production technologies, an expanded customer base and a stronger presence in the UK.
 
P&P Technology, founded in 2014, has around 20 employees at its production facilities, north-east of London. The company has annual sales of around SEK 25 million with good profitability and a diverse customer base in aviation, automotive and other sectors.
 
“We are seeing continued strong market growth in the EMC area and believe new business opportunities are being generated, for example as electronic systems in vehicles increasingly require both EMC shielding and heat dissipation. This acquisition provides us with complementary production technologies, an expanded customer base and a stronger presence in the UK market,” said Nolato President and CEO Christer Wahlquist.
 
P&P Technology’s business will be reported within the Nolato Integrated Solutions business area and consolidated in the Group from May. The initial purchase price is approximately SEK 13 million (debt-free company), with the possibility of contingent consideration.

Contact


For further information, please contact:
Christer Wahlquist, President and CEO, +46 (0)705 804848
Per-Ola Holmström, CFO, +46 (0)705 763340, per-ola.holmstrom@nolato.com

About Us


Nolato is a Swedish group with operations in Europe, Asia, and North America. We develop and manufacture products in polymer materials such as plastic, silicone and TPE for leading customers within medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato’s shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the Industrials sector.  www.nolato.com/IR

Attachments


Nolato acquires UK-based EMC shielding technology company

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.