# Addtech agrees to acquire Fluidcontrol Oy

Addtech Components, part of the Addtech Group, signed an agreement to acquire all outstanding shares of Fluidcontrol Oy, a Finnish developer of actuators and valve solutions with 20 employees and sales of about EUR 4 million. Closing is expected in early September 2020.

- Type: Acquisition
- Announced: 2020-08-21
- Where: Finland
- Jobs: 20
- Status: announced
- Products: actuators, valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Addtech](https://endata.com/companies/6928.md) (acquirer)
- [Fluidcontrol Oy](https://endata.com/companies/6929.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/addtech/r/addtech-acquires-fluidcontrol-oy,c3177789), 2020-08-21: "Addtech Components, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in Fluidcontrol Oy."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.