Tuesday, April 2, 2013

Solar A/S to dispose all shares of Aurora Group

DENMARK: Solar A/S has entered into an agreement on the disposal of all shares of Aurora Group Danmark A/S.

The Solar Group wants to focus on its core business area. As a result, an agreement has been entered into on the disposal of the subsidiary Aurora Group Danmark. Final completion of this disposal is subject to approval by relevant authorities.

Solar A/S has entered into an agreement with Deltaco AB on the disposal of 100 percent of the shares of Aurora Group Danmark. Deltaco is a leading Nordic distributor and supplier of IT products.

The Solar Group wants to focus on its core business area, which is the wholesaling of electrical, heating and plumbing, and ventilation products.

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