Allgon AB (publ) (OM:ALLG B) (“Allgon”) has, as previously communicated, begun a streamlining of the company's operations towards industrial radio remote control. As a result of the streamlining strategy, three niche subsidiaries have left the group during the past year. As part of its continued work, Allgon has engaged Erneholm Haskel AB as financial advisor for a potential sale of Smarteq Wireless Ab (“Smarteq”). Allgon estimates that a sale of Smarteq may be completed during the first half of 2021, after which the refinement to industrial radio remote control is completed.