Westermo announces acquisition of Neratec Solutions

  • July 09, 2019
  • Westermo Teleindustri AB
  • News
Westermo announces acquisition of Neratec Solutions
Westermo announces acquisition of Neratec Solutions

July 9, 2019 - BEIJER GROUP’s business entity Westermo has acquired 100% of the Swiss company Neratec Solutions AG, a technology company specialized in WLAN products with a high focus on wireless communication solutions for the train and trackside sector.

Neratec has about 25 employees and a Sales of approximately 6,5 MCHF (62 MSEK) in 2018 with operations is in Bubikon in Switzerland.

The acquisition will have limited impact on BEIJER GROUP’s earnings in 2019.

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