Axactor SE — M&A Activity 2017

Mar 1, 2017

ACQUISITION OF PROFACT, SWEDEN SUCCESSFULLY COMPLETED

ACQUISITION OF PROFACT, SWEDEN SUCCESSFULLY COMPLETED

Oslo, 1 March 2017 - Reference is made to the announcement

by Axactor AB (publ) ("Axactor") on 28 February 2017 concerning

the acquisition of Profact, Sweden.

The Company is pleased to announce that on 1 March 2017, the

acquisition was successfully completed.

For further information, please contact:

Geir Johansen

Chief Financial Officer

Mail: geir.johansen@axactor.com

Cell Phone: +47 477 10 451