Saab Acquires TIKAB
LINKÖPING, Sweden -- May 14, 2013
Defence and security company Saab acquires TIKAB, a Swedish technical
information provider. The acquisition expands Saab's service portfolio and
means Saab can offer a more complete range of technical services, further
strengthening the company's competitiveness as a provider of support
Saab's business area Support and Services has signed an agreement to acquire
TIKAB - a company that produces and supplies technical documentation for the
civilian and military market.
The Support and Services business area has a strong position in the global
market for integrated support solutions. Solutions include technical
publications and interactive training tools and the acquisition of TIKAB
further strengthens Saab's position in the market.
“With this acquisition, we can offer new and existing customers a wider
portfolio of services and a complete range of integrated support solutions.
There are clear synergies between TIKAB and Saab's operations in which we can
utilise each other's expertise to strengthen the competitiveness of our
offering to achieve growth,” says Lars-Erik Wige, Senior Vice President and
Head of business area Support and Services.
“By becoming a part of Saab we foresee good opportunities to leverage Saab’s
broad market channels and businesses to grow our business,” says Börje Olsson,
The acquisition is expected to have no material effect on Saab’s consolidated
statements in 2013.
Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves
new technology to meet customers’ changing needs.
TIKAB produces and supplies complete technical documentation to the civil and
military market i.e. operating manuals, training tools, workshop manuals and
illustrated catalogues. The company founded in 1988 has 67 employees with
headquarters in Krokom and other operations in Sundsvall, Södertälje,
Kristianstad, Lund, Sollefteå and Örnsköldsvik. For further information,
This information was brought to you by Cision http://news.cision.com
Saab Press Centre
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