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Electronics Production |
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.
