News room

Comrod - Acquires remaining 20% of the shares in Comrod Sweden AB

Comrod Communication ASA has today acquired the remaining 20% of the shares in Comrod Sweden AB at the purchase price of SEK 2.0 mill.

Comrod Communication ASA has today acquired the
remaining 20% of the shares in Comrod Sweden AB at
the purchase price of SEK 2.0 mill.

For further information please contact:

Ole Gunnar Fjelde CEO, of Comrod Communication Group,
mobile phone +47 959 34 541 or ogf@comrod.com
Kari Duestad, CFO, of Comrod Communication Group,
mobile phone +47 924 63 690 or kd@comrod.com

About Comrod Communication Group:
Comrod Communication ASA is a Norwegian public
limited company headquartered at Tau outside
Stavanger in the south-western Norway. The company
develops and manufactures tactical masts, antennas
and antenna systems, power supply, battery chargers
and commercial products. Comrod Communication`s main
focus is on the defense market. The company has
around 220 employees and had operating revenues of
NOK 286 million in 2011 and NOK 332 million in
2010.