OEM International acquires RF Partner AB with subsidiary Ranatec Instrument AB
Weibull M&A acted as sell side advisor when OEM International acquired all shares in RF Partner AB with subsidiary Ranatec Instrument AB.
The Companies, with head office in Mölndal Sweden, develop and market components for radio applications, systems for radar surveillance and test systems for antennas and have a yearly turnover of approximately 18 MSEK.
OEM International, with its head office in Tranås, Sweden, comprises 34 operational units in 14 countries. The group trades in industrial components and systems for industrial automation.
– “RF Partner AB with subsidiary Ranatec Instrument AB are well-managed companies with products and solutions that is a supplement to the product portfolio within the current OEM subsidiary Flexitron AB. RF Partner AB will gradually deepen cooperation with Flexitron AB to use synergies and develop the customer offer”, says Jörgen Zahlin, Managing Director and CEO for OEM International.