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ASSA ABLOY — M&A Activity 2011
Jul 29, 2011
2882_rns_2011-07-29_5a0c18e3-2f7e-41c7-bb24-eb16a24caf2e.pdf
M&A Activity
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July 29, 2011 no 25/11
Sale of Cardo Flow Solutions completed
All conditions for the sale of Cardo Flow Solutions to Sulzer Ltd, Switzerland, have been fulfilled and the transaction was successfully completed today Friday July 29.
"It is very satisfying that this transaction is now concluded and that Cardo Flow Solutions in Sulzer Ltd gets a long term owner that gives the company an industrial home and creates opportunities for a continued good development" said Johan Molin, President and CEO of ASSA ABLOY in a comment.
For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42 Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506 485 72
ASSA ABLOY discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 6.00 pm CET on July 29, 2011.