M&A Activity • Mar 12, 2008
M&A Activity
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PRESS RELEASE Helsingborg 2008-03-12
Nederman has acquired Arboga-Darenth, a company based in Arboga, Sweden. Arboga-Darenth manufactures and markets products and systems that economically and in an eco-friendly way handle, transport and recycle metal waste and cutting fluids in the industry. Customers are mainly active in the metal-processing industry, a customer segment handled by Nederman's Extraction & Filter Systems business area.
Arboga-Darenth reported sales of SEK 75 million in 2007. The current owner, Håkan Bråtegren, will remain in the business after the sale.
Sven Kristensson, CEO Nederman Holding AB (publ):
"This acquisition is in line with Nederman's strategy of growth within existing customer segments. It enables us to offer existing customers a wider range within the working environment sector. The metal processing industry is a core segment for Nederman. Arboga-Darenth gives Nederman a number of well-established products and systems that complement our existing range in an excellent way."
Arboga-Darenth has its head office in Arboga and around 45 employees. The company has production units in Sweden and the UK. Sales are made via the company's own sales offices in Sweden, France and the UK, and via distributors on a further 30 markets.
The acquisition will have a marginally positive effect on Nederman's earnings in 2008.
For more information: Sven Kristensson, CEO, Nederman. Tel +46 42 188700, e-mail: [email protected] or Anders Agering, CFO Nederman. Tel. + 46 42 188700, e-mail: [email protected]
Nederman, one of the world's leading environment technology companies, develops, produces and markets its own products and systems for the extraction of dust, smoke, vehicle exhaust fumes and equipment for industrial cleaning. These are based on vacuum technology covering the entire scale from high vacuum to middle and low vacuum. Nederman also produces and sells a comprehensive range of hose and cable reels for water, air, oil and other media.
Nederman's systems contribute in many ways to creating clean, efficient and safe workplaces around the world.
The company's commitments to customers include everything from pre-studies and project work to installation, operational start-up and service.
Manufacturing is certified according to ISO 9001 and ISO 14000. The company has production and assembly units in Sweden, Norway and Canada.
Nederman's products and systems are marketed via its own subsidiaries in 24 countries and via agents and distributors in more than 50 countries.
The Group has around 600 employees.
For more information about the company, go to Nederman's website www.nederman.com Nederman Holding AB (publ), P.O. Box 602, SE-251 06 Helsingborg, Sweden. Corporate registration number: 556576-4205
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