Press releases

Addnode Group extends acquisition credit facilities by SEK 350 million to a total of SEK 750 million

6/30/2017 Press releases

Stockholm, June 30, 2017

Addnode Group extends its existing acquisition credit facility in Nordea by SEK 350 million to a total of SEK 750 million. The new acquisition credit facility of SEK 750 million replaces existing acquisition credit facilities in Nordea of SEK 400 million has a maturity of four years and can be drawned upon and repaid over the maturity period.

- The SEK 750 million acquisition credit facility allows us to continue our strategy of acquiring, operating and developing entrepreneurial companies that provide software and services to markets where we have or can achieve a leading position," says Johan Andersson, CEO of Addnode Group.

For more information please contact:
Johan Andersson, CEO and President, Addnode Group
Tel: +46 (0) 70 420 58 31, e-mail: johan.andersson@addnodegroup.com


About Addnode Group
Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and services to markets in which we have or can achieve a leading position. We are one of Europe’s leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway. More than 600,000 engineers and officials use our system solutions on a daily basis.

We are 1,300 employees in Sweden, Austria, Denmark, Finland, Germany, India, Norway, Slovakia, UK, US and Serbia. Net sales in 2016 amounted to SEK 2,195 M. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com.