Beijer Alma

M&A Activity • Oct 14, 2022

Beijer Almas completes the divestment of Habia Cable

On 5 July 2022 Beijer Alma announced that it had entered into an agreement to divest Habia Cable to HEW-KABEL. The divestment has been completed today, 14 October 2022, against a cash consideration and in-line with the previously communicated terms.

The divestment is made to strengthens the group's focus on profitable growth and acquisitions at the same time as Habia Cable is given the right conditions for growth. In-line with what has been communicated previously, Habia Cable is valued to approximately SEK 910 million on a cash and debt free basis and generates a capital gain of approximately SEK 340 million. For more information about the divestment, please refer to Beijer Alma's press release from 5 July 2022 and Beijer Alma's quarterly report for the second quarter 2022.

If you have any questions, please contact:

President and CEO of Beijer Alma, Henrik Perbeck, +46 18 15 71 60 CFO, Johan Dufvenmark, +46 18 15 71 60

About Beijer Alma AB

Beijer Alma AB is an international industrial group focused on component production and industrial trading. The Group includes; Lesjöfors, one of Europe's largest spring manufactures and Beijer Tech, which holds strong positions in Nordic industrial trading and manufacturing in niche markets.

Beijer Alma is listed on the Nasdaq Stockholm Mid Cap list.

Attachments

Beijer Almas completes the divestment of Habia Cable

Beijer Alma Dragarbrunnsgatan 45, Box 1747, SE-751 47 Uppsala, Sweden Telephone +46 18 15 71 60 · · beijeralma.com Registered office: Uppsala Corp. Reg. No: 556229-7480 · ·