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© mariusz szachowski dreamstime.com Electronics Production | September 09, 2015

Beijer Electronics to sell Finnish operations

Swedish Beijer Electronic and the Finnish technology company UTU have signed a letter of intent under which UTU will acquire Beijer Electronics' Finnish business.

Going forward, UTU will be a supplier of Beijer Electronics’ HMI products, as well as a number of other brands, in Finland. The divestment will have no or limited impact on Beijer Electronics’ financial result in 2015. “The divestment of the Finnish business is a step in the direction to focus on Beijer Electronics as an HMI company. We are looking forward to a close cooperation with UTU in the future”, says Per Samuelsson, President and CEO of Beijer Electronics AB.
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August 06 2019 8:55 pm V14.1.1-1