AB Angpanneforeningen: AF Group Adds Extra Muscle to Its IS/IT Operations With the Acquisition of Arjano Data AB.

Business Editors & Energy/Environmental Writers

STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--Aug. 17, 2001

The AF Group has acquired the IT consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Arjano Data AB. Arjano, which has 20 consultants working with the development of business solutions, systems design and project management, will come under the AF Group's Information Systems unit. This will add extra strength to the Group's already successful operations in the fields of information systems and information technology.

"Demand for our IS/IT consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services" has continued to remain brisk Brisk as a proper name may refer to:

Brest, Belarus (Brest-Litovsk) Brisk (בריסק) is the city's name in Yiddish
The Brisk yeshivas and methods, a school of Jewish thought originated by the Soloveitchik family of Brest.

despite events in the market as a whole," says Magnus Ankarstrand, the manager for the AF subsidiary concerned. "The acquisition of Arjano will broaden our interface with the market and provide a good complement to the skills and expertise we already offer."

Ankarstrand also points out that the positive effects of the acquisition on the profitability of the Information Systems unit will be apparent even in the current year's accounts.

AB ANGPANNEFORENINGEN

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Publication:	Business Wire
Date:	Aug 17, 2001
Words:	199
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