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Article: AS Harju Elekter acquires Satmatic Oy.(Brief Article)

Article from:
Nordic Business Report
Article date:
September 19, 2002
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NORDIC BUSINESS REPORT-19 September 2002-AS Harju Elekter acquires Satmatic Oy (C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com

The Estonian electrical equipment and components maker AS Harju Elekter announced today (19 September) that it had signed an agreement with Siemens Osakeyhtio (Finland) to acquire Siemens' wholly-owned Finnish subsidiary Satmatic Oy for an undisclosed sum.

Satmatic manufactures and markets electrical equipment, including automation and power supply control equipment for industry and car ...

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