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Bure has Signed the Final Agreements to Acquire Svenska PA System and Retea.


Business Editors

GOTHENBURG Gothenburg: see Göteborg, Sweden. , Sweden--(BUSINESS WIRE)--Oct. 5, 2001

Bure Bure can be:
  • River Bure, a river in Norfolk,England.
  • Bure, Belgium, a small village in the Belgian province of Luxembourg, known for the Chantoir (sinkhole) de Bure.
  • Bure Equity, Swedish investment company.
  • Bure, Switzerland, municipality of the Canton of Jura.
 today signed the final agreements to acquire all the shares in Svenska PA System AB and Retea AB from TurnIT AB. The deal is subject the approval of the Swedish Competition Authority which is expected to be received during October.

"We are very positive to having Bure as the new owner of these companies. Our potential for realising our ambition to develop the group into a leading operator in the Nordic HRM HRM Her/His Royal Majesty
HRM Human Resources Management
HRM Heart-Rate Monitor
HRM Halifax Regional Municipality (Canada)
HRM Hotel Restaurant Management
HRM Hrvatska Ratna Mornarica (Croatian Navy) 
 market has been strengthened still further with Bure as the new owner," says Ulf Eriksson Ulf Eriksson (May 26, 1942 – ) is a football referee from Solleftea, Sweden. He is most famously remembered for officiating at the 1978 FIFA World Cup, including the match between Argentina and Poland. , President of the Group which consists of Svenska PA Systems, Palett HRM and TimeRecorder Data.

"We see a significant potential for strengthening still further our position in the market with Bure as the owner. Bure is an investor with a well-established experience as an owner of consulting companies 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
 within the datacom and telecom sectors which will contribute positively to our future development," says Bengt Lundgren, President of Retea AB.

Gothenburg, 5 October 2001

Bure Equity AB (publ)
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Publication:Business Wire
Date:Oct 5, 2001
Words:174
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