Etteplan Oyj - Company Announcement

ETTEPLAN OYJ COMPLETES THE ACQUISITIONS WITH ESPOTEL OY AND SOIKEA SOLUTIONS OY

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, APRIL 4, 2016 AT 13.00


ETTEPLAN OYJ COMPLETES THE ACQUISITIONS WITH ESPOTEL OY AND SOIKEA SOLUTIONS OY

Etteplan Oyj has today on April 4, 2016 completed the acquisitions where
Etteplan Oyj acquired the total share capitals of Espotel Oy and Soikea
Solutions Oy from their key private owners and private equity investment
companies. The competences achieved through the acquisitions cover all aspects
of the industrial internet and make Etteplan a stronger partner in solving its
customers’ needs in digitalization. A stock exchange release about the
transactions was issued on March 15, 2016. The acquired businesses were
integrated into Etteplan’s Group reporting as of April 1, 2016. 

The transfer of the treasury shares in Etteplan as part of the acquisition
price of the transactions to the key private owners of Espotel and Soikea
Solutions is planned to be realized on April 8, 2016. 

In Vantaa, on April 4, 2016

Etteplan Oyj

Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372
Outi-Maria Liedes, SVP, HR & Operational Development, tel. +358 40 756 9620

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com

Etteplan’s services cover engineering, technical documentation, embedded
systems and IoT solutions. Our customers are the world’s leading companies in
the manufacturing industry. Our services are geared to improve the
competitiveness of our customers’ products and engineering processes throughout
the product life cycle. The results of Etteplan’s innovative engineering can be
seen in numerous industrial solutions and everyday products. 

In 2015, Etteplan had turnover of EUR 141.1 million. The company has about
2,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland and
China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETT1V
ticker.