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OEM International Acquires Multicomponent Norden AB

Story Highlights
  • OEM International acquires Multicomponent Norden AB to enhance its product offerings.
  • The acquisition is expected to positively impact OEM’s earnings, pending regulatory approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OEM International Acquires Multicomponent Norden AB

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OEM International AB Class B ( ($SE:OEM.B) ) has shared an announcement.

OEM International AB has signed an agreement to acquire Multicomponent Norden AB, a distributor of electronic components to various sectors. This acquisition, which complements OEM’s existing portfolio, aims to enhance product range development and market penetration, with a marginally positive impact on earnings anticipated this year, pending regulatory approval.

The most recent analyst rating on ($SE:OEM.B) stock is a Hold with a SEK165.00 price target. To see the full list of analyst forecasts on OEM International AB Class B stock, see the SE:OEM.B Stock Forecast page.

More about OEM International AB Class B

OEM International is a prominent European technology trading company with 35 operating units across 15 countries. The company specializes in trading components and systems from leading suppliers in selected European markets, offering a structured local market organization and efficient logistics.

Average Trading Volume: 84,316

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK19.71B

Learn more about OEM.B stock on TipRanks’ Stock Analysis page.

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