Technology company acquisition

The acquisition means that the management teams of both companies will be able to work together to establish a platform for continued growth and development.

Jørgen C. Broch, owner of Norautron Group and chairman of the Board, said: “This acquisition will further strengthen Norautron Group’s position as a global technology company.”

Trond K. Johannessen, President & CEO of Hatteland Display, added: “We are excited about becoming a part of the Norautron Group. There is a strong industrial logic in combining the strengths of the companies to further improve competitiveness and market positions.”

Hatteland Display’s history dates back to 1989, and the company is a leading designer and manufacturer of high-end rugged displays, panel computers, and computers for all segments of the professional marine industry.

The company has established strong relationships with major systems integrators through a growth strategy based on technological leadership and innovation.

Norautron Group is a leading technology company with a global footprint. The group is present in several countries worldwide and operates production facilities in Norway, Sweden, Poland and China. During the last decade the group has had a strong growth, both organic and through acquisitions.

Now including Hatteland Display, the Norautron Group will have an estimated annual turnover of app. NOK 1.8 billion which should make it a significant player within several segments of the electronics industry.

By Anne-Marie Causer