Scanfil Oyj - Company Announcement

SCANFIL SWEDEN AB SELLS SHARES IN PARTNERTECH AERODYN AB

SCANFIL PLC     STOCK EXCHANGE RELEASE         19 FEBRUARY 2016  2.00 P.M.

SCANFIL SWEDEN AB SELLS SHARES IN PARTNERTECH AERODYN AB

The Board of Directors of Scanfil Sweden AB (former PartnerTech AB) has decided
to sell the entire share capital of its subsidiary PartnerTech Aerodyn AB,
located in Karlskoga, Sweden, for a cash selling price of EUR 350,000. The
contract of sale was signed today, 19 February 2016. Closing of the transaction
is subject to certain usual pre-conditions which are expected to be met during
April 2016. The transaction will result in a non-recurring loss of
approximately EUR 1.2 million for the Scanfil Group, which has been posted in
the result of the Group’s 2015 financial period. 

PartnerTech Aerodyn AB manufactures large machined parts for the marine
industry and hydroelectric power stations. Turnover of PartnerTech Aerodyn AB
in 2015 was about EUR 2.6 million and operating loss about EUR 0.6 million. 



SCANFIL PLC

Petteri Jokitalo
CEO



Additional information:
CEO Petteri Jokitalo
Tel +358 8 4882 111



Distribution         NASDAQ OMX, Helsinki
                         Major Media
                         www.scanfil.com



Scanfil is an international contract manufacturer and system supplier for the
electronics industry with 40 years of experience in demanding contract
manufacturing. Scanfil provides its customers with an extensive array of
services, ranging from product design to product manufacturing, material
procurement and logistics solutions. Vertically integrated production and a
comprehensive supply chain are the foundation of Scanfil’s competitive
advantages: speed, flexibility and reliability. 

Typical Scanfil products include mobile and communications network devices,
automation system modules, frequency converters, lift control systems,
analysers, various slot and vending machines, and devices related to medical
technology and meteorology. Scanfil services are used by numerous international
automation, energy, IT and health service providers, as well as companies
operating in the field of urbanization. Scanfil’s network of factories consists
of 16 production units in Europe, Asia and North America. The total number of
employees is 3,500.