Rejlers establishes business in Norway

(REJL B)

Rejlers acquires 15 percent of the shares in APAS, a company that actively works with different types of power control in industrial processes in Norway. After the acquisition Statoil will own 50 percent, the founder Arne Palm 35 percent and Rejlers 15 percent of APAS.

 

Rejlers also establishes a company in Norway, Rejlers AS, and as a start employs one person to sell Rejlers competence in Norway in close cooperation with APAS. In addition Rejlers Energitjänster AB will sell APAS services on the Swedish market.

 

APAS has 5 employees and 20 years experience of power control in the construction and industry sector. APAS has competence in energy engineering, IT and electronics and has developed interesting services that complements Rejlers Energitjänster. Their services consist of power conducting, selections of energy types - energy strategies, automatic follow-up and surveillance, alarm services, shifting services and education.

 

As a result of the acquisition Rejlers will be able to offer Energy Management completely.

 

For further information:
Peter Rejler, Managing Director and CEO, +46 70 602 34 24
Kjell Sandin, CFO, +46 470 70 43 18