Teleios Capital Partners LLC: Statement Concerning Kongsberg Automotive

11 Mar, 2016, 10:39 ET from Teleios Capital Partners LLC

ZUG, Switzerland, March 11, 2016 /PRNewswire/ --

Teleios Capital Partners LLC supports the changes proposed by the Nominating Committee to the board of directors of Kongsberg Automotive ASA ("the Company"). We would like to thank the Committee members for working constructively with us and other shareholders to identify and recommend the strongest possible board for the company. We believe the changes to the board, if voted for, will result in significant long-term value creation for all shareholders.

We look forward to a continued productive dialogue with the Company and the Committee.

About Teleios Capital Partners 

Teleios Capital Partners LLC is a Switzerland-based investment manager focused on European mid-market companies where it seeks to create value through constructive engagement. Teleios manages capital for leading European and US foundations, family offices and institutions.

Media contacts:
Andrew Honnor or Robert White
Greenbrook Communications
+44(0)20-7952-2000

 

SOURCE Teleios Capital Partners LLC