Sale of Shares in an Affiliated Company and Establishment of a New Company in Sweden
Nittan Company hereby announces that Nittan has sold all shares in CN System AB to Consilium Marine & Safety AB (Consilium) in July 2015 and established a new joint venture company with Consilium in August 2015 in Sweden as follows;
Sale of shares
Company Name: CN System AB
Address: Södra Långebergsgatan 34, SE-421 32 Västra Frölunda, Sweden
Establishment of new company
Company Name: CN Scandinavia AB
Address: Södra Långebergsgatan 34-36, 421 32 Västra Frölunda, Sweden