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EVOX RIFA GROUP OYJ STOCK EXCHANGE BULLETIN on June 15, 2001 at 13:00 p.m.

EVOX RIFA STRENGTHENS ITS TECHNICAL KNOW-HOW THROUGH ACQUISITION

Evox Rifa Group has acquired a Swedish company, Dectron AB, which concentrates on demanding electro-technical solutions. The acquisition strengthens Evox Rifa’s technical know-how in the development of capacitor-based solutions for specific customer needs. Evox Rifa’s result per share is expected to increase during 2002 due to the Dectron acquisition.

Dectron’s turnover was 17 million SEK in 2000 and it employs 21 persons in Öland, 10 km from Kalmar where Evox Rifa already has manufacturing facilities. Dectron has grown on average by 21% per annum during the last three years. Dectron’s technical know-how is strongest in the field of EMC/EMI testing and interference suppression filters as well as in the area of switch mode technique for lighting systems. The company has a complete EMC testing laboratory. Dectron’s application know-how will particularly complement the "design-in" function of Evox Rifa.

Dectron becomes a wholly owned subsidiary of Evox Rifa. The founder and former owner of the company continues as company’s Managing Director after the acquisition.

Evox Rifa designs, manufactures and markets globally capacitor solutions to key industrial sectors in which the need of passive components is continuously growing. Key sectors are telecommunications, automotive electronics, industrial electronics and consumer electronics. The company concentrates on plastic film and paper as well as electrolytic capacitors. The strength of Evox Rifa is developing special solutions in close cooperation with customers.

Evox Rifa Group Oyj was listed on Helsinki Exchanges in the autumn of 2000.

EVOX RIFA GROUP OYJ

Harri Launonen
President

Additional information is available from Mr. Harri Launonen, President, Evox Rifa Group Oyj, tel.: +358 9 5406 5001, e-mail: harri.launonen@evoxrifa.fi

Distribution:
Helsinki Exchanges
principal media

 

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