The deal with which Autotank, a Aspo Plc subsidiary, on January 19, 2005 acquired the Swedish and Norwegian maintenance operations of the Malte Group has been approved by the Norwegian competition authorities. The acquisition is expected to have a mildly positive impact on earnings in 2005, and a markedly positive impact from 2006 onward.
The Aspo Systems Division consists of Autotank Ltd and its subsidiaries. Autotank is the leading supplier of service station automation technology and related services in the Baltic area. It has subsidiaries in Sweden, Norway, Estonia, Latvia, Lithuania and Poland. The Autotank Group had net sales totaling approximately EUR 38 million in 2004 and it employed approximately 215 people.
ASPO Plc
Gustav Nyberg
CEO
For more information contact Gustav Nyberg, +358 9 7595 256, +358 40 503 6420 gustav.nyberg@aspo.fi
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www.aspo.fi