Nordic Business Report-January 10, 2007-Opcon AB signs letter of intent to acquire Mitec Instrument AB (C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Swedish industrial group Opcon AB has signed a letter of intent to acquire Mitec Instrument AB, the company said on Wednesday (10 January). No details have yet been disclosed. Mitec Instrument, based in Saffle in Sweden, develops and manufactures measuring instruments, and programs and systems for mobile data capture and wireless Internet-based operations monitoring. The acquisition will form part of Opcons new business Opcon Energy Systems, but will also strengthen its electrical actuators and sensors subsidiary REAC AB. Opcon, headquartered in Amal in Sweden, develops and manufactures industrial products in several fields. It has 400 employees and operations in Sweden, the US and China. Opcon is listed on the Nordic Exchange in Stockholm. ((Comments on this story may be sent to [email protected]))