Balco Group

M&A Activity • Apr 8, 2025

Press release Växjö, April 8, 2025

Balco Group acquires an additional 20 percent of Suomen ohutlevyasensu Oy

Balco Group AB has today acquired an additional twenty (20) percent of the shares in Suomen ohutlevyasennus Oy and now owns eighty (80) percent of the shares. The purchase price will be paid in cash from its own funds.

Balco Group has an option to purchase the remaining 20 percent of the shares.

For more information, please contact:

Camilla Ekdahl, President and CEO, +46 70 606 30 32, camilla.ekdahl@balco.se Michael Grindborn, CFO and Head of IR, +46 70 670 18 18, michael.grindborn@balco.se

The information was submitted for publication, through the agency of the contact person, on April 8, 2025, at 14:00 CET.

Balco Group is a leading player in the balcony industry, focused on providing innovative, patented and energy-efficient solutions for multi-dwelling buildings. The company's tailored products contribute to increasing the quality of life, safety, and value of homes. Through a decentralized and efficient sales process, Balco Group has full control over its value chain from production to delivery. Founded in 1987 in Växjö, the company now employs approximately 600 people and is a market leader in Scandinavia with operations in several markets in Northern Europe. The company's revenue for 2024 was 1,418 MSEK, and it is listed on the Nasdaq Stockholm. For more information visit www.balcogroup.se.