Amplex AB, a sister group to KAMIC Group, has acquired all the shares in Amtele Group consisting of Amtele Communication AB and Amtele Engineering AB with the subsidiary KIMO Instrument Sverige AB. The seller is Indumetric AB, which has five co-owners all of whom have leading positions in the Amtele companies.<\/p>\n
The Amtele Group has had agency operations for over 50 years and is a highly-regarded partner to companies and institutions in the Nordic area and Baltic countries. Amtele Communication\u2019s offering is mainly concentrated to components and systems within RF and microwave while Amtele Engineering and Kimo Instrument specialise in sensors and instruments for measurement and calibration. Customers are found in many different sectors where some of the most important are telecom, defence, aerospace, automotive as well as universities and colleges.<\/p>\n
The Amtele Group has sales of just over SEK 100 million and some 20 employees. The head office is in Kungens Kurva just south of Stockholm and there are also offices in Billdal, Gothenburg, and Vantaa, Helsinki.<\/p>\n
\u201cThe Amtele Group are experts on components and systems for all types of modern communication systems and also have a strong offering in measurement and calibration. Amtele\u2019s long history of offering products from high-quality manufacturers and their in-depth knowledge of what they sell has built strong relations with both suppliers and customers. As the new owner we look forward to working with Amtele\u2019s management on continued positive development and growth for the group,\u201d says Fredrik Celsing, President and CEO of Amplex AB and KAMIC Group.<\/p>\n
The Amtele Group\u2019s previous owners and management team will continue in their respective positions in the companies. Amtele\u2019s CEO is Stefan Bengtsson who comments on the deal: \u201cIt feels very good that we are now part of a greater whole where we can at the same time retain much of our entrepreneurial freedom. The Amplex sphere, which also includes KAMIC Group, will give us access to skills, contacts and structural support which over time will make the Amtele Group even stronger.\u201d<\/p>\n
For additional information about this deal, please contact<\/em><\/p>\n H\u00e5kan Lundgren, Head of Corporate Development and Communication, Amplex AB and KAMIC Group Fredrik Celsing, President and CEO, Amplex AB and KAMIC Group Stefan Bengtsson, CEO and previous co-owner, Amtele Group
\n+46 8\u00a0759 35 79, hakan.lundgren(at)amplexab.se<\/a><\/p>\n
\n+46 8\u00a0759 35 55, fredrik.celsing(at)amplexab.se<\/a><\/p>\n
\n+46 8\u00a0556\u00a0466 05, stefan.bengtsson(at)amtele.se<\/a><\/p>\n