Nederman Holding

M&A Activity • Jan 10, 2012

Nederman acquires business in Turkey

Nederman buys the Nederman business of Havak Endüstri Tesisleri Tic. Ltd. Sti. in Turkey. Havak has for 20 years been a distributor of Nederman products on the Turkish market.

Through the acquisition Nederman obtains a well-established business that will constitute a base for bringing the full Nederman range of products and solutions to the Turkish market.

"Turkey is becoming an increasingly interesting market with considerable growth potential. The acquisition of Havak's business is a fast way of entering the Turkish market, compared to building up a new business", says Sven Kristensson, CEO and President Nederman.

The acquired business will be consolidated in the Nederman Group from January 10, 2012. In 2011 the company had sales of € 0.5 million with 3 employees.

For more information, please contact:

Sven Kristensson, CEO and President, Nederman Tel. +46 42 18 87 00 e-mail: sven.kristensson@nederman.se

Stefan Fristedt, CFO Nederman Tel. 042-18 87 00 e-mail: stefan.fristedt@nederman.se

Facts about Nederman

Nederman is one of the world's leading companies supplying products and services in the environmental technology sector focusing on industrial air filtration and recycling. The company's products and systems are contributing to reducing the environmental effects from industrial production, to creating safe and clean working environments and to boosting production efficiency.

Nederman's offering encompasses everything from the design stage through to installation, commissioning and servicing. Sales are carried out via subsidiaries in 29 countries and agents and distributors in over 30 countries. Nederman develops and produces in its own manufacturing and assembly units in Europe, North America and Asia. The Group is listed on Nasdaq OMX, Stockholm.

Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden. Corporate registration number: 556576-4205